Tax on foreign currency purchase extended to payments for imported goods and services

Decree 377/2023 published in Argentina’s official gazette on 24 July 2023 introduces modifications to Decree No. 99/2019 “Regulation of the law of social solidarity and productive reactivation,” incorporating new provisions for the purchase of foreign currency for the payment of obligations, which as from that date are subject to the “tax for an inclusive and solidarity Argentina” (Impuesto Para una Argentina Inclusiva y Solidaria, PAIS)

Source: taxathand.com

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