“Since 2015, we have been promoting the refund of banked VAT in Copal fors lower income sectors in order to favor the essential and basic consumption”, Funes de Rioja pointed out to Télam.
The also president of the Argentine Industrial Union (UIA) He highlighted the fact that the refund is practiced in card consumption, “to prevent the benefit from disappearing”, at the same time he stressed that “it is also formalized and ensures that the beneficiary effectively receive that credit to apply it to its specific purpose: csupplies that cover basic needs”.
“Finally, it is also important that it is for those who have income such as minimum retirement, minimum wage, without prejudice to the comprehensive reform that we understand should be carried out in Argentina, where the Food industry and beverages are taxed between the Nation, provinces and municipalities, levels that reach from almost 40% to 50%” on the final value of the product.
The VAT refund, with a limit of $18,800 per month, reaches workers who earn salaries up to $708,000, beneficiaries of the Universal Child Allowance (AUH), 2.3 million monotributistas who do not receive any other income and 440,000 domestic employees.
It will be valid from next Monday until December 31, but that same day the Executive Branch will send Congress a bill for this benefit to be extended to 2024 for up to $23,000 per month.
The measure announced by Massa will have a refund limit of $18,800 per month and reaches workers who earn salaries up to $708,000, beneficiaries of the Universal Child Allowance (AUH), and monotributistas who do not receive any other income.
Massa explained that they will be valid from this Monday until December 31, but shortly the Executive Branch will send a bill to Congress so that this benefit is extended to 2024 for an amount of up to $23,000 per month.
VAT: support from supermarkets
Director of Institutional Relations from Changomas, Juan Pablo Quiroga, considered today that “purchasing power should improve” with the decision of the Minister of Economy, Sergio Massa, to implement a refund program Value Added Tax (VAT) in the shopping of items from the basic basket with a debit card, and prepare a bill so that this benefit extends.
“We understand that it is a positive measure that should improve the purchasing power of basic products in sectors that really need it,” Quiroga told Télam. Likewise, he evaluated that this measure “should contribute to formalizing and banking a large part of the mass consumption operations“.
“For the rest, we are waiting for the technical details for its immediate implementation,” said the Changomas executive.
VAT: support for tailoring by consumers
The president of the Association for the Defense of Users and Consumers (Adduce), Osvaldo Bassanotoday described as “excellent” the measures promoted by the national government in favor of workers and retirees, and requested “more control” in companies that sell food.
“The measures are excellent, the State is going down the right path and shows that it is quick on its feet,” Bassano said this morning in dialogue with Télam Radio.
Beyond the measures announced by Massa, the head of Adduc highlighted the need to “deepen controls” in the companies who sell food, and requested that the VAT refund also reach “those who pay with credit card or through the transfers”.
He was also in favor of loans of up to $400,000 that will be credited in the Credit cards, and questioned the actions of the entities “financial or non-financial who charge usurious interest.”
Source: Ambito
