BUENOS AIRES (Reuters) – Argentina will partially get rid of taxes levied on items bought overseas, a senior official introduced on Friday, a part of a broader financial opening championed by libertarian President Javier Milei.
The measure is ready to enter impact in December and goals to provide shoppers entry to cheaper merchandise, in response to presidential spokesperson Manuel Adorni.
The plan will enhance the restrict on international purchases exempt from tax, to $3,000 from $1,000 per bundle delivered, in response to Financial system Minister Luis Caputo.
It additionally features a tariff exemption of as much as $400 on imported items for private use with patrons solely topic to the nation’s value-added tax, he added in a put up on X.
