Changes in the PAIS Tax on Payments of Imports

Decree 14/2024, published in the Official Gazzette on January 4, 2024, modifies the wording in Decree 99/2019 article 13 bis, which now says that the tax only applies to purchases of foreign currency for paying import of goods definitively imported (even for definitive imports into Tierra del Fuego) and to those entered into free trade zones, except those for manufacturing processes certified under Resolution 56/2018 from the former Ministry of Labor and Production.

In this line, purchase of foreign currency for paying goods entered under the temporary import regime for transformation and the Aduana en Factoría regime, which the automotive industry regime uses, are now excluded from this tax.