Federations that bring together different travel agencies were shown today concerned by new AFIP measure what made the tourist dollar more expensive, by raising the perception on account of taxes on profits and on personal property, which went from 35% to 45%. According to the companies, this new measure nor will it solve the drain on the Central Bank’s reserves. But, in addition, they claimed that the fiscal pressure imposed on the industry exceeds 80%, since other charges must be added to the country tax and 45%, such as the tax from the National Directorate of Tourism, fees (municipal, airports and others), check tax, VAT and Gross Income.
“It is unfortunate that the same measures that have already been proven to bring no solution to the fiscal imbalance and insolvency of the State continue to be applied. Again, we change the rules of the game, it is impossible to work without stability, tourism needs planning and clear rules,” said Gustavo Hani, president of the Argentine Federation of Associations of travel and tourism companies (Faevyt), in a statement.
Meanwhile, from the Argentine Forum of Business Travel Consultants (Facve) they said that the announcement is added to the measures that have been suffered as a sector since 2019, such as the Country Tax; the profit advance; the cancellation of fees for trips abroad with credit cards, etc. “None of them has fulfilled the objectives for which they were created and they do nothing more than limit a thriving industry that provides genuine employment in every corner of Argentina,” they assured.
On the other hand, they assured that the unforeseen announcement and with very little time for companies to adapt “It puts in greater difficulty an industry that has not yet recovered from the enormous crisis of recent years” generated by covid-19.
Finally, Facve reiterated that the tourism account in the deficit of the Central Bank it is insignificant, since there all the items made with a card in foreign currency are contemplated as online purchases. According to Facve, tourism itself, that is, tickets, stays and others, represents only the fourth part.
The demand for dollars by individuals to pay for purchases made from foreign suppliers with cards or travel expenses reached US$579 million in May.
From the rise of perception, the tourist dollar went from $223 to $236.