Buying a console in the country is close to a million pesos. However, according to Amazon the value could be considerably reduced. Know the final value of the purchase.
He Government announced that, starting in December, taxes on purchases abroad will be eliminated. Thus, acquiring products from abroad will be much easier, and above all tempting, for those who love technology. In the case of the PlayStation 5, The value can be reduced by up to half, compared to a purchase at the Argentine price.
The Playstation 5 would stay in US$432.52, according to the official store amazon. Of this number, $400 will not pay taxes, but only 21% of VAT. The remaining US$32 would pay around 38% taxes and then 21% VAT.
That is to say that The total to import this product in December would be US$537.43 when adding all taxes and if it is for personal usenon-commercial. In the Argentinathis same product costs from $1,000,000almost double the value of imports from abroad.
Modifications in purchases abroad
The changes after the elimination of taxes on purchases abroad are the following:
- Import limit increase: the maximum amount for purchases abroad for international shipments is raised from US$1,000 to US$3000. This change equates Argentina with the limits of other countries in the region.
- Exemption from initial tariffs: No tariffs will be paid for the first US$400 per shipment if it is for personal use. On these US$400, only 21% VAT will be paid.
- Impact on costsFor example, if a US$100 jacket that previously paid US$67 in taxes will now only pay US$21.
- Facilitation for consumers: The aim is for those who cannot travel abroad to have access to goods such as clothing, toys and small appliances. It is proposed as part of the “normalization of foreign trade.”
- Benefits for companies: companies will be able to import supplies, spare parts and essential parts for production in a more agile way.
- “Door to door” regime: This system, operated by official Post Offices, is not affected by the measure. However, specific modifications to this regime will be announced soon.
What are the requirements for online purchases abroad?
- Not having a commercial purpose.
- Have a value less than or equal to US$3,000 per flight.
- Be made up of up to 3 units of the same species.
- Do not exceed 50kg of weight.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
