The Federal Public Revenue Administration (AFIP) modified the amount of the VAT rate applicable to the definitive importation of movable property.
This is established by the General Resolution 4461/2019 published in the Official Gazette this Wednesday.
The regulations state that the amount of the payment will be determined by applying the rates set out below for each case:
a) Those responsible for registering for value added tax:
1. 20%, When it comes to definitive import operations of goods that are subject to the general rate provided for in the first paragraph of Article 28 of the law on the aforementioned tax.
2. 10%, when it concerns definitive import operations of goods that are subject to a rate equivalent to 50% of that established in the first paragraph of Article 28 of the law on said tax.
b) Subjects that do not prove their status as exempt or not covered by the value added tax: the rates established in the previous section will apply.
This section includes goods that are considered to be goods in use by their importer.
This section includes goods that are considered to be goods in use by their importer.
The amount of the charge will be settled together with the value added tax corresponding to the import.
The resolution, signed by the Federal Administrator, Leandro Germán Cuccioli, will be effective from 22 April 2019
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