Amazon, eBay and any other foreign currency purchase from shops online around the world are conditioned in Argentina by several fees that customers have to pay. In fact, because Argentina’s reserves of hard currencies dropped by 30 percent last year, the government of President Cristina Fernandez de Kirchner has introduced a limit of $25 a year purchase that is free of taxes for every person. Once this level is reached, the online customers in Argentina will pay a 50 percent tax for every item purchased.
- Written by Robert Woodward
- Category: Economy & Trade