Argentina modified the application of the tax called "For an Inclusive and Solidary Argentina” (COUNTRY), with the aim of not discouraging certain export operations.
This is established by the Decree 14/2024, published this Thursday (04.01.2024) in the Official Gazette, whose text provides for replacing the penultimate paragraph of article 13 bis of Title III of Decree No. 99 of December 27, 2019: the decision is so as not to affect the application of the “COUNTRY Tax” on imports of goods that will be used in the production of products intended for export.
Specifically, the Executive Branch excludes temporary import suspension destinations from the tax that are carried out under the terms of Decree 1330/2004 and its amendments or Decree 688/2002 and its amendments, in both cases.
The authority provides that the introduction of merchandise into a free zone, including the one corresponding to the Province of Tierra del Fuego, Antarctica and the South Atlantic Islands, continues to be covered by the tax. except for those entered under the protection of a Free Zone Classification Certificate.
Other operations
According to the legal norm, the article 35 of law 27541 The tax was established that, among other operations, "the purchase of foreign currency bills and foreign currency, including traveler's checks, for hoarding or without a specific purpose linked to the payment of obligations under the terms of the regulations in force in the exchange market, carried out by residents in the country" will be subject to the tax.
Through the Decree 99 / 2019 It was established that the operations of purchase of bills and foreign currency in foreign currency carried out by residents in the country for the payment of obligations for the acquisition abroad of personal, cultural and recreational services are included within this assumption, it does not include educational teaching, or its acquisition in the country when provided by non-residents. Also, the import of the goods included in the tariff items of the Common Nomenclature of MERCOSUR (NCM) that are indicated in the Annex I of the decree.
Added to this is the acquisition abroad of the services indicated in Annex II of the decree, or their acquisition in the country when they are provided by non-residents.
Likewise, the acquisition abroad of freight services and other transportation services for import or export operations of goods, or their acquisition in the country when they are provided by non-residents, identified with the Code of the Monthly Accounting Information Regime for Foreign Exchange Operations BCRA S04, S30 and S31.
Finally, the importation of goods included in the Common Nomenclature of Mercosur (NCM), with the exception of: (i) those whose tariff items are included in section b) of the first paragraph of this article or are the following: 2710.12.59, 2710.19.21, 2710.19.29, 2710.19.31, 2710.19.32, 2713.20.00, 3811.21.10, 3811.21.50, and 3811.90.90; (ii) inputs and intermediate goods directly linked to products in the basic food basket as established by the Ministry of Economy, through the Secretariats with jurisdiction in the matter and the Federal Public Revenue Administration; and (iii) other assets linked to energy generation, under the terms established by the Energy Secretariat of the Ministry of Economy.
La measure is effective immediately y It will apply to purchases of foreign currency notes and foreign currency carried out from that date onwards, inclusive.
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
