Global Trade Alert
Global Trade Alert

Argentina: Further increase of tax on foreign purchases to 35%

Announcement

02 Dec 2013

The Argentinian Government increased the tax on foreign purchases applied to payments with credit/debits cards from 20% to 35%.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

03 Dec 2013

Revocation date:

No revocation date

Control on personal transactions In force

On 2 December 2013, the AFIP adopted General Resolution 3550 which increases the tax on credit and debit card purchases in foreign currency from 20 percent to 35 percent to fight low international res...

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