The Minister of Economy, Luis Caputoannounced last Friday the Lifting of most of the restrictions of the exchange ratea measure that marked the beginning of a new stage. Within that framework, the Customs Collection and Control Agency (ARCA) advanced with a series of normative changes, including the General Resolution 5672which eliminates the perception of 30% on account of the income tax or personal goods for the purchase operations of Savings dollar.
With this new regulation, Buying of tickets and foreign currency in foreign currency made by human persons and undivided successions, either for treasurement or without a specific destinationthey cease to be reached by the perception regime. In the same way, Operations for the payment of obligations for imports of merchandise are exempt included in the Common Mercosur Nomenclature (NCM).
Also, from this Monday There will no longer be US $ 200 monthly For the dollar saving or access restriction for having received state assistance. In fact, all human people will have unlimited access to the dollar saving at the retail exchange rate.
However, Perceptions will continue to apply on foreign currency purchases made by credit or debit cardas well as other similar means of payment. That is, dollars in dollars in digital services, tourism, passages and other categories will continue to generate tax positions in account summaries.
What will happen to the dollar card?
Purchases abroad by card are settled to the so -called “Dollar” or “tourist” dollarcomposed of the official dollar plus a surcharge of the 30% corresponding to perceptions for advancement of profits and personal goods. That, in the papers, will remain in force in the new exchange rate regime.
However, with the removal of the surcharge of 30% for the “savings dollar”, This scheme will lose effect. It happens that credit expenses with credit card may be canceled directly with their own dollars, acquired to the official price, and thus avoid tax perception.
The measure was driven because, with tax surcharges, the dollar card used to exceed Official flotation bandseven arriving above $ 1,400. To avoid this distortion, the Ministry of Economy resolved Eliminate those taxes on certain operations in foreign currency, and thus advance on the road to the normalization of the exchange market.
What happens now with dollar purchases?
From now on, those who have made consumption in dollars with credit or debit card before this change, will see in the summary the detailed tax as “DB.RG 5617 30%”but this is Calculate the official quotation of the day before the closing of the summaryregardless of when the operation was completed.
Nevertheless, When the stock is released, the concept of “dollar card” loses effectsince users can buy dollars freely through Home Banking – In what so far it was known as “Savings Dollar” – and also pay its consumption at the official exchange rate.
The new provisions were published Monday in the Official Gazette and They come into effect immediately. From now on, All exchange operations They must adapt to the new scheme defined by the General Resolution 5672 of the Customs Collection and Control Agency (ARCA).
Source: Ambito