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Dollars at $217: what purchases can you still make at the official exchange rate, despite the stocks

2023-04-04T09:44:26.702Z


Some consumptions in foreign currency are free of the 30% tax and the surcharges of 45% and 25%. How to take advantage of it.


With an increasingly restrictive

exchange rate

, Argentines have already learned that when buying dollars or making purchases abroad, the cost to face is always much higher than the 

official price

.

The billboards of the banks insist on reporting an exchange rate that seems from another era -this Monday, April 3, it was 

$217 per dollar-

, but the truth is that the common people end up spending

nearly double

to access dollars .

Those who can still acquire US$200 per month for

home banking

, for example, pay them 

65% more expensive

(at $358 each).

And when

spending with a card

abroad, there are even stronger surcharges: 

75%

for the so-called "tourist dollar" ($380) and 

100%

for the "Qatar dollar" ($434).

For its part, in the Stock Market, each dollar now ends up costing around 

$397

with the MEP operation;

and in the informal or blue market, no less than

$392

.

The trap, however,

has some exceptions

.

And although they are very few, there are purchases in dollars that can still

be paid in pesos

at the official price.

Yes, at only $217 on the dollar.

Card purchases abroad: which ones are settled in the official dollar

For some operations, instead of the "card" dollar or the "Qatar" the official one governs.

Photo: Bloomberg.

The general rule indicates that, when using the card in stores and websites abroad, expenses in foreign currency will be pesified at the official price

plus 30%

of the "

PAIS tax

" (which drops to 8% for digital services) and 

45 %

tax advance (Profits or Personal Assets).

In addition, if the consumptions add up to more than US$ 300 in the month, an extra perception

of

25%

will be added

to the account of Personal Goods.

However, there are certain expenses abroad that, according to the regulations, 

are not affected

by the surcharges.

Among them are:

-

Health benefits

and

medicines

.

-Purchases of

books

in any format.

-Use of

educational platforms

and

software

for educational purposes.

-Purchase of land transport tickets for passengers to

neighboring countries

.

-Purchase of tickets to travel to the

Malvinas

, South Georgia and South Sandwich Islands.

These and other items 

were excluded

from the PAIS Tax.

And therefore, they are not affected by the 45% and 25% perceptions, which are applied to expenses incurred by the PAIS tax.


Thus, when carrying out this type of expenses, what corresponds according to the tax experts is that they are charged at the

official price

, without additions.

If the bank

still applies the surcharges

-as usually happens-, you can

claim

 by presenting the vouchers (ticket, invoice, ticket, etc.).

"When the collection practiced

does not correspond

, the refund

of the tax may be requested

from the collection agent, attaching the evidence that justifies the request," clarifies the AFIP on its website.

For international travelers, the dollar "free shop"

In the Duty Free, the chance to buy in the official dollar is even announced in the gondolas.

Photo: File.

In "tax free" stores in 

Argentina

, such as those in Ezeiza and other international airports, travelers can

pay in pesos

 by converting the dollar price of each product at the

official exchange rate

.

These businesses allow you to pay for your exclusive merchandise (technology, perfumes, chocolates, alcoholic beverages and more), both in

cash

and with debit and credit

cards

, without surcharges of 30%, 45% or 25%.

What the Government

no longer allows

, since July 2022, is to finance consumption in installments.

A key point is that purchases in Argentine free shops can be affected by a 50% customs tax, which is applied when the amount spent exceeds the excess

of

 each passenger (or that of the family group as a whole), and only on the excess amount.

When returning to Argentina by

plane

or by

sea

, there is currently a franchise of

US$ 500

 for what is purchased in the

arrival

free shop .

On the other hand, when arriving by land or by river, this benefit does not apply, except in

Puerto Iguazú

.

MDG

look also

Travel: what tax does the AFIP charge for bringing products from abroad and what are the exceptions

Guide to using the cards abroad: how they work after the new stocks and what limits apply

Credit card: how to pay the balance in dollars with dollars to avoid taxes

Small Face Dollars: What the US Government Said About Their Value and How to Use Them Without Loss

Fake 100 dollar bills: what is the infallible formula to detect them instantly

Fixed term: with the new rate, how much do you charge in 30 days for leaving $20,000, $50,000 or $100,000

Source: clarin

All news articles on 2023-04-04

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