The Argentinian government will start refunding value-added tax (VAT) on basic goods for many workers and welfare recipients, Economy Minister Sergio Massa announced on Wednesday evening.
The program, called “Buy without VAT”, will apply to products within the basic basket of goods, purchased via debit card. It will be capped at AR$18,800 (US$53.70 at the official rate, US$27.80 at the MEP rate) per month.
Source: buenosairesherald.com
