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Exchange trap: how the dollar or tourist card is now calculated - News Rebeat

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Exchange trap: how the dollar or tourist card is now calculated

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Exchange trap: how the dollar or tourist card is now calculated

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The dollar card becomes 6% more expensive starting this Thursday. Bloomberg photo

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In the first 5 months of the year, $ 2.625 million left the country for overseas credit card charges or dollar service payments. This is the channel they are trying to shut down by the governmentfirst by limiting the payment in installments and now making it directly more onerous, bringing the advance on income tax and personal real estate from 35 to 45%.

But how to calculate how much more will be paid from this Thursday 14 July for purchases made in trips abroad (especially now that the winter holidays are coming) and in the payment of services such as Netflix, Spotify or other applications.

To do the math, part of the dollar in retail that it is today for $ 135 at Banco Nación, the entity that is always taken as a reference, even if in other banks it could be a little more expensive.

To that value of the official dollar is added 30% of the PAIS tax. So 30% of $ 135 is $ 40.5. On the other hand, you also have to account for 45% of the advance of the profit on the $ 135, which is $ 60.75.

Thus, the bill to be made is $ 135 (official dollar) plus $ 40.5 (30% PAIS tax) plus $ 60.75 (45% prepayment), which gives $ 236.25.

That $ 236.25 card dollar ends up being 6% more expensive than what has been paid up to now and will be 6% more expensive than the solidarity dollar ($ 223), which is the value you can buy at. the $ 200 share of the dollar savings, which keeps the down payment at 35%.

The right to travel

The decision to make the dollar card more expensive is in line with the first public statements of Silvina Batakis as Minister of the Economy. of which, at the time, there was talk “right to travel” as a “clashing” factorin short, against the economic interpretation of the official.

That statement warned that the government could take further action on the matter tourist dollar.


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Source: Clarin

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