The Federal Administration of Public Revenues (AFIP) ordered this Wednesday a rise in the perception on account of taxes on Profits and on Personal Assets for operations with cards intended for consumption in dollars for travel and expenses abroadwhose aliquot will go from 35% to 45%.
AFIP General Resolution 5232, which will come into force this Thursday with its publication in the Official Gazette, seeks to “strengthen the fiscal front based on the manifestation of the taxpaying capacity of different economic sectors,” and excludes purchases of foreign currency for hoarding, which will continue with an aliquot of 35%.
Specifically, all card payment operations in dollars will be included in the new rate, including those related to withdrawals or cash advances made abroad.
Also the purchases made through portals or virtual sitesas well as the payment of services provided by non-resident subjects in the country that are paid by cards.
Also included are the acquisition of services abroad contracted through travel and tourism agencies -wholesalers and/or retailers-, of the country; and the acquisition of land, air and water transportation services for passengers with destinations outside the country, to the extent that the foreign exchange market must be accessed in order to cancel the operation.
The measure will come into force this Thursday with its publication in the Official Gazette.
In this way, the exchange rate of the so-called “solidarity dollar” or “savings dollar” will continue to be -based on this Wednesday’s closing price- $223 (the official dollar plus the 30% surcharge of the PAÍS tax and the advance payment on account of the Income Tax of 35%).
While the exchange rate ofThe “dollar card abroad” would be $237.85based on Wednesday’s closing price.
The official dependency pointed out that the decision is part of the different measures aimed at guaranteeing the fiscal balancepromote the solvency of the State as a promoter of economic activity and sustain the redistributive drive of fiscal policy.
“The update in the aliquot of the perception is implemented from the recognition of the expression of taxpaying capacity of a sector of taxpayers that, fundamentally, Foreign currency expenses for travel and consumption abroad“, said the AFIP.
The adequacy of the rate for the collection on account of taxes on Income and on Personal Assets established in 2020 falls on the operations covered by the PAIS Tax (which sets a surcharge of 30% for all retail operations in dollars, since either for hoarding or payment of goods and services), except for the purchase of foreign currency for hoarding.
As explained by the unit that leads Mercedes Marco del Pont“the tool allows anticipate tax revenues from the operations carried out in travel and consumption abroad by a group of taxpayers who express taxpaying capacity”.
In the event that the perceptions experienced by a taxpayer exceed the amount to be paid for Earnings and Personal Assets, the excess will be refunded.
Likewise, monotributistas, self-employed, workers in a dependency relationship and retirees who carry out operations in foreign currency but who are not covered by the taxes on Income and on Personal Assets may request the reimbursement of the perception.
“The reimbursement of said amounts will be subject to the control and inspection actions of the AFIP, which will take place once the presentation of the sworn declarations of both taxes is finished,” the AFIP stressed.
