Marcos Galperín’s company reported that gross income from the sale of products and services will begin to be debited.
Payment Market will begin to debit gross income from the sale of products and services for more than 50,000 monthly in CABA. This was announced by Marcos Galperín’s company by email to its clients.
If you are registered in CABA, you will be charged as follows:
- As a local taxpayer: 2% withholding will be applied on all charges of $500 or more.
- As a multilateral agreement with registration or headquarters in CABA: a 2% withholding will be applied on all charges of $500 or more to buyers with address in CABA.
- If it appears in the register of differential rates: the rate will be determined by the register.
“If you are not registered in CABA Gross Income as a local taxpayer, or being a multilateral agreement you are not registered in CABA and in a month you have 25 or more sales, which accumulate at least $50,000, a 2% withholding will begin to apply. in each charge you receive from CABA in Mercado Pago greater than $500,” the company reported.
What taxes are there in Mercado Pago?
Use Mercado Pago in purchases or expenses does not involve the payment of additional taxes. However, in the operations of crediting of funds and salesthe following taxes may apply:
- Income Tax: applies to profits obtained mostly on sales.
- Gross income: Provincial tax may be applied based on your gross income.
- VAT: If you sell goods or services subject to VAT, you must consider this tax in your operations.
When can I transfer money in Mercado Pago
Currently, the Maximum amount for transfers in Mercado Pago is $20,000,000 per day. With immediate debit the limit is $1,000,000 which will be deducted from the total daily limit.
It should be noted that if the total of your operations exceeds this amount, you run the risk of being requested justify the origin of the funds. If necessary, Mercado Pago will notify you by email or through the app and will require you supporting documentation.
Source: Ambito
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