Starting in December, 0km cars of more than $14,700,000 in public price will be reached by the first scale of the Internal Taxaccording to information accessed Ambit.
The data arises from the quarterly adjustment that will be applied by the AFIP on the current tax base of $7,345,883 which is valid until the end of November and will go to $10,364,894 in wholesale price, that is, before the 21% VAT and 15% of the concessionaire’s commission.
This places the value to the public at around $14,700,000, although it is an estimated amount since it will depend on the way to pay of taxes and the possibility of reducing commission margin by sellers.
This value will be valid until the end of February, when the next update, unless the next government modifies this tax. Until the end of November, the 0km reached by this tribute, known as “luxury” tax, are those that have a public price of more than $10,500,000, approximately
The standard also determines the values that must be paid for motorcycles, boats and aircraft. The update of the number for cars is a consequence of the adjustment of 41.09%, corresponding to the increase in wholesale prices of the vehicles in the quarter of July, August and September.
These had a sharp increase during this period, especially due to the increase that occurred after the devaluation ordered by Minister Sergio Massa, after the PASO of August 13. Due to the way Internal Taxes are calculated, the 20% rate, which corresponds to the first scale, is equivalent to a price increase of around 25%, which means that the models that are affected are out of the market.
That is why brands tend to keep the 0 km that are around that price just below that limit to avoid paying the tax surcharge. In the case of the second scale, with an aliquot of 35%, the tax base goes from $13,561,631 to $19,135,190. To the public, the sale value is around $27,239,000. Today it is at $19,300,000.
In the lists of the different brands you can see that there were several models, with different levels of equipment, at the same price, just below $10,500,000.
Cars: increases with increases of up to 13%
considering the shortages in the market, These models are no longer sold or are marketed with surcharges. With the new base update, the models that are “capped” near the tax base from December 1st they will have a increase to the public accordingly with the variation of the wholesale index, that is, 41%, although each brand will define the way to implement it. They can do it all at once or spread the increase over different months.
The first price lists that arrived yesterday at the dealership networks show increases from November show increases of up to 13%. If the current price of the blue dollar is taken, the 0 km of more than US$15,600 “ticket” must pay taxes.
On the other hand, if you measure the tax base at the official exchange rate, The measure will impact model of more than US$40,000. In any case, these values may vary based on the exchange rate that prevails within a month. This tax mainly affects imported models, but also to several nationals and is designed to tax luxury goods, but the vehicles that will be covered belong to a medium segment. It must be taken into account that there are already 0 km models below the $8,000,000, so the range of models that do not pay “luxury” tax is about $6,000,000.
Source: Ambito
