Starting today, 0km cars with a retail price of more than $42,400,000 are reached by the first stop of the “Luxury” tax.
The data arises from the quarterly adjustment that the AFIP will apply to the tax base of $28,512,373 that will be in effect until the end of October, which will go to $29,772,276 in wholesale price, that is, before 21% VAT and 15%. of the concessionaire’s commission.
This causes the public value achieved by Internal Taxes to rise from the current $40,500,000 to around $42,400,000.
It must be taken into account that it is a estimated amount since it will depend on the method of paying taxes and the possibility of reducing the commission margin by sellers. If measured in official dollars, it would be equivalent to 0km of US$42,500, while at “blue” It would be US$34,700.
This value will be valid until the 30th of this month and will be renewed again in December and January. Only starting in February will the tax base be adjusted again, unless the Government arranges a modification of the mechanism before that date.
The update of the value for cars is a consequence of the 4.74% adjustment that the AFIP will make, corresponding to the increase in wholesale prices of vehicles in the July, August and September quarter, according to the automotive wholesale price index released last week. The tax base for motorcycles, boats and aircraft was also modified.
Due to the way Internal Taxes are calculated, the 20% rate, which corresponds to the first scale, equivalent to a price increase of around 25%, which means that the models that are affected are out of the market.
That is why brands tend to keep 0km values just below that limit to avoid paying the tax surcharge.
In the October price lists you could see that there were many models “topped” below $40,500,000. With the adjustments that come from today, these models will be able to increase in price until they fit, once again, under the cap of the new tax base.
Although it is true that the quarterly adjustment of only 4.74% is low in relation to the levels of months ago. At the beginning of the year, a quarterly adjustment of more than 90% was reached. In that case, the situation of the “capped” models was a problem.
For the second scale, the tax base goes from $52,479,204 to $54,964,204. This implies that cars worth more than $78,000,000, approximately, pay this tax.
Source: Ambito
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