Qatari Dollar: The government has officially announced new exchange controls

{
“@context”: “https://schema.org”,
“@type”: “BreadcrumbList”,
“itemListElement”: [{“@type”:”ListItem”,”position”:1,”name”:”LA NACION”,”item”:”https://www.lanacion.com.ar”},
{
“@type”: “ListItem”,
“position”: 2,
“name”: “Economía”,
“item”: “https://www.lanacion.com.ar/economia/”
}
]
}

05:00 hours

window.addEventListener(‘DOMContentLoaded’, (event) => {
const zoom = document.documentElement.clientWidth {
if (!document.body.classList.contains(‘–no-scroll’)) {
document.body.classList.add(‘–no-scroll’);
modMedia.classList.add(‘–active’);
} else {
document.body.classList.remove(‘–no-scroll’);
modMedia.classList.remove(‘–active’);
}
});
}
});

The government officially announced the new exchange controls on Thursday Increase the value of foreign currency for travel and consumption abroad After overcoming $300 cap. AFIP published a decree in the official gazette establishing the new exchange rate known in recent days Qatari dollar.

The event also increases the value of the dollar for luxury products and shows held in the country, an activity that requires currency transfers. It’s about “Cold game dollars“.

In this way, spending more than $300 will increase the value of the currency $314, Official sources confirmed, and the second, For sports events, it will be $204, as advanced ღ.

The Federal Administration of Public Revenue (AFIP) officially announced the two new exchange rates through Resolution 5272, which sets out the decision Law 27541 on emergency situationsApproved in December 2019. This rule created a charge for an inclusive and solidary Argentina (country).

The Emergency Law created a country tax that reached foreign currency exchange for contracting services abroad for tourism purposes and also for the purchase of transportation services. In addition, aliquots were added to account for taxes on profits and personal assets.

In this sense, AFIP made the most important changes in Article 5 of the resolution. “For the operations provided for in subsections “b” and “c” of Article 35 of the above-mentioned law, which monthly amount – Considered by subject – equal to or greater than the sum of US$300 And for the operations provided by subsections d) and e) of Article 35 of Law 27541 and its amendments: A 45% capture and a second 25% capture will be made“.

In turn, this perception of 45% and 25% was extended to “operations provided for in Article 13 bis subparagraph “b” of Decree 99/19″. That’s about it Cold game dollarsthe entry into force of which derives from the decree of the Casa Rosada.

The promulgation of the AFIP resolution was a hand-me-down Decree 682/2022which adds Article 13 bis to the regulatory decree of the State of Emergency Law 99/2019 and that It was also published this Thursday.

The resolution expanded the scope of the country’s tax to “T Purchase of personal, cultural and recreational services abroad (does not include educational training)’, according to the Central Bank’s guidelines, or also ‘their acquisition in the country when they are provided by non-residents’.

Decree 682, signed by Alberto Fernández, also deals with the importation of luxury goods. Thus, AFIP drafted its latest amendments to the rule authorized by the President.

“It is consistent with the inclusion of this opportunity within this framework Taxes on foreign currency bills and currency purchase transactionsFor payment of obligations by residents living in the country: i) purchase of personal, cultural and recreational services abroad (not including educational training) and ii) Import of luxury goods It is included in the tariff headings of the Mercosur common nomenclature (NCM),” it was noted among the arguments of the resolution.

as explained ღ, for credit and debit card usage abroad will not change, as noted, up to $300 per month. Before, the official dollar -Banco Nación quote- $157 was added PAIS tax (30%), perception on account of income and personal assets (45%).

thus, The modification will be for spending over $300 per month with credit and debit cards, and on tickets abroad and tour packages abroad. of them 25% will be added to the Personal Assets account, bringing the rate to $314. This value will be applied not only to this monthly consumption surplus – 300 USD – but also to the total amount consumed in foreign currency during that month.

The government justified the changes in the provision of the norm “Reasons of Tax Administration” considering New operations achieved by “Tax for Inclusive and Solidary Argentina (PAIS)”.

Through the measure, the government also raised the cost Purchases of luxury or expensive goods abroadwho will now have $300 dollars, as well as a Additional capture of 25% of personal assets. They repeat the same tourist dollar scheme: PAIS tax and a 45% levy on the profits and personal assets they didn’t pay.

The products were listed in an annex to the measure adopted by the BCRA, which stipulated that they could convert foreign currency after 365 days. “The purchase of any goods required for production will not be affected,” they said in the government.

The estate Summary or “luxury” is considered“ Purchased abroad was included in communication “A” 7532 Goods are covered:

• High class cars and motorcycles.
• Private jets-small jets.
• recreational boats.
• Premium spirits (value over $50).
• Watches, pearls, diamonds and other precious stones.
• Slot Machines.
• Cryptocurrency mining machines.
• helicopters.
• drones.
• jet skis
• rectangles.
• gourmet food.