Within the framework of new measures launched by the Government in search of caring for dollars and strengthening the weak reserves of the Central Bank, the package includes, in addition to the unification of the savings dollar and the card dollar, the general application of the PAIS tax for imported services and goods, among other measures,
Within the framework of new measures launched by the Government in search of protecting dollars and strengthening the weak reserves of the Central Bank, the package includes, in addition to the unification of the savings dollar and the card dollar, the general application of the COUNTRY tax for imported services and goods, among other measures.
The PAIS Tax was already applied to, for example, the purchase of savings dollars with a surcharge of 30%. In the case of services, such as streaming platforms of the type Netflix either Spotify, and other services like iCloud, They will now be left with a 25% rate.
COUNTRY tax: the measures announced
- The 25% PAIS Tax is generalized for all services, except: (i) Freight, to which the rate of 7.5% will be applied; (ii) Health and Education, exempt by article 36 of Law 27,541, and; (iii) Recitals, which already pays 30%.
- The Country tax is generalized to 7.5% for all goods, except: (i) Medicines and material to fight fire, exempt by article 36 of Law 27,541, (ii) Sumptuaries, which already pay 30%, (iii) Fuels, lubricants, goods related to energy generation, as well as inputs and intermediate goods linked to the basic food basket, will continue without paying the Country Tax.
- The perception is applied to all imports, including income to the Free Zone and Special Customs Area of Tierra del Fuego. This means that all electronic products become more expensive.
- Temporary automotive imports are outside the scope of the PAIS Tax to the extent that the “payment” of the import is made after the “collection” of the related export and/or pre-financing or advance with own funds.
The PAIS Tax was already applied to:
- Purchase of foreign currency for savingsincluding traveler’s checks.
- Purchase of foreign currency to pay obligations.
- Foreign currency exchange made by financial institutions on behalf and order of the acquirer tenant or borrower (Currency exchanges used to pay for goods or services abroad that are paid with credit, purchase, debit cards or any other equivalent means of payment, including withdrawals or cash advances made abroad. Also included are purchases in foreign currency made from portals or virtual sites or any other modality).
- Foreign currency exchange made by financial institutions on behalf and order of the contracting party residing in the country. (Currency exchanges that are used to pay for services provided by non-residents in the country that are paid with credit, purchase, debit cards or any other equivalent means of payment)
- Payment of services abroad contracted through travel and tourism agencies in the country.
- Payment of passenger transport services with destination outside the country. (The tax is not paid by those who contract, in the country, land passenger transport services to neighboring countries).
COUNTRY Tax Refund
When the collection practiced does not correspond, a refund of the tax may be requested from the collection agent, attaching the evidence that justifies the request.
The operation will be subject to the corresponding control measures by this body.
Source: Ambito
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