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Savings dollar: how will the reimbursement of the new 35% surcharge be and what purchases are outside the tax

2020-09-16T01:59:01.865Z


Withholdings will begin to apply from Wednesday. What about those who do not contribute to Profits or Personal Assets.


09/15/2020 - 22:00

  • Clarín.com

  • Economy

The new reinforcement of the exchange rate establishes that those who want to access the official dollar will have to pay, in addition to the 30% surcharge corresponding to the PAIS tax, another

35% on account of the Income and Personal Property taxes.

Given the new provision of the Central Bank of the Argentine Republic (BCRA), the Federal Administration of Public Revenues (AFIP) established a mechanism, which will come into effect on Wednesday, to apply the corresponding withholdings on account of the aforementioned taxes. 

The receipts will be made effective both in purchases of foreign currency for hoarding, and in purchases with a credit and debit card that are paid in foreign currency.

This new 35% surcharge will be on account of Income and Personal Property taxes, so that at the end of the fiscal year, the taxpayer may claim the reimbursement of that perception, always with supporting documentation. 

But what will happen to those who do not contribute to Profits or Personal Assets?

As

Clarín

learned

, these people will have the possibility of claiming the reimbursement of that 35 percent before the AFIP.

For now, it was established that "human persons to whom perceptions that are not taxpayers of income or personal property taxes may request the return of the tax received once the calendar year in which it was made has ended. perception ".

Although the details of how the management will be are not yet known, it was indicated that "

taxpayers should do so when making their Annual Affidavit of said taxes."

What purchases are exempt


Operations related to health care expenses

, purchase of medicines, acquisition of books in any format, use of educational platforms and software for educational purposes, expenses associated with research projects carried out by researchers who work in the scope of the State

will remain

exempt.

national, provincial and municipalities, as well as the universities and institutions that are members of the Argentine university system.

The new surcharges will also not be applied in the acquisition abroad of equipment materials and other goods destined to the fight against fire and the civil protection of the population by the entities recognized in Law 25,054 and its amendments.

The head of the Central Bank said that "there will be no limit" to consumption with cards -both debit and credit- and that when monthly expenses exceed the $ 200 quota, the remaining amount will absorb the quota for subsequent months.



Source: clarin

All business articles on 2020-09-16

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