Bye COUNTRY Tax: how to pay expenses in dollars

Bye COUNTRY Tax: how to pay expenses in dollars

December 4, 2024 – 09:20

The end of the PAIS Tax comes at a crucial time for tourism and raises doubts among users about how to optimize their payments. Is it better to consume now or wait? The doubts that arise before this change.

The Government confirmed in the 2025 Budget project that it will not renew the COUNTRY Tax. As of December 24, operations such as access to dollar savings and purchases of goods and services abroad will no longer be subject to the surcharge 30%. Likewise, subscriptions to digital services in dollars will have a 5% reduction in cost. But how should consumption be paid with the elimination of the PAIS Tax?

“The PAIS Tax law establishes that the collection of operations canceled with credit cards corresponds to the moment of collection of summary or settlement of the card, Therefore, it will depend on the settlement date. In turn, the perceptions of Profits and Assets are tied to the PAIS Tax,” responded from the organization commanded by Florencia Misrahi.

This means that, after December 22, The consumer will pay for his purchases at a dollar at a lower nominal price than the current one.

What will happen to the tourist dollar?

It is not yet known what will happen to the so-called tourist dollar, which is currently around $1,640 and, as of January, without the COUNTRY Tax, would drop to $1,300.

This means that, for example, starting in January, without the COUNTRY Tax, it will be convenient—just like now— pay for purchases in foreign currency with dollars purchased at $1,100 in the MEP or in a cave (blue dollar) than with the credit card because, in the latter case, you would pay a dollar more, $1,300.

dollar-tourist-tourism.jpg

Tourist consumption should be paid in MEP dollars

Tourist consumption should be paid in MEP dollars

Depositphotos

By eliminating the PAIS Tax, the so-called “tourist dollar” will be cheaper. This could increase the expenses of Argentines abroad and generate a greater deficit in the exchange account (the balance of dollars that enters and leaves the country).

Therefore, to pay costs more economically, it is advisable to buy dollars from the MEP and pay for all consumption in the same currency and avoid pesos.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts