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Global Trade Alert

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Argentina: Increase of tax on foreign purchases to 15%

Description

On 31 August 2012, the Federal Administration of Public Investments of Argentina introduced a 15 per cent tax on all purchases made abroad with Argentinian credit-cards. On 3 September 2012, the sco...

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Intervention Details

Intervention Type

Control on personal transactions

MAST Chapter

Capital control measures

Implementation date

31 Aug 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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