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World VAT/GST News

World VAT/GST News January 2020

By January 30, 2020July 10th, 2021No Comments

From November 2019, Argentina extended its VAT regime to include non-resident e-commerce sales to consumers…

Argentina

From November 2019, Argentina extended its VAT regime to include non-resident e-commerce sales to consumers. This will apply to both sales of goods and digital services.

The VAT amounts will be collected via banks and credit card companies based in the country at the point when payment is received from customers. These companies will then be responsible for paying this VAT over to the Argentine tax authorities. Non-resident sellers will still have a requirement to VAT register in order to report these transactions in the country.

 

The above information was kindly provided by Fiscal Solutions (UK), www.fiscalsolutions.co.uk; contact: contact@fiscalsolutions.co.uk.