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Argentina: Further increase of tax on foreign purchases to 20%

Description

On 14 March 2013, the Argentinian Federal Agency of Public Income (AFIP) adopted General Resolution 3450 which increases the tax on credit or debit card purchases made abroad from 15 per cent to 20 pe...

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Intervention Details

Intervention Type

Control on personal transactions

MAST Chapter

Capital control measures

Implementation date

18 Mar 2013

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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