# Government changes PAIS tax for importers. What does this mean? - Buenos Aires Herald

> ARCA, Argentina's tax agency, announced that importers will no longer have to prepay 95% of the PAIS tax to access US dollars for foreign trade. The 7.5% reduction in the tax applies only to imports and transport, while dollar card payments stay at 30%, and the PAIS tax is scheduled to expire at the end of December.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/27675-government-changes-pais-tax-for-importers-what-does-this-mean-buenos-aires
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Lower import costs and a lower implicit exchange rate for imports may ease the cost of importing feed inputs into Argentina, which slightly supports demand for imported goods and firms the peso.

## Read by commodity

- USDARS: bearish ▼

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/government-changes-pais-tax-for-importers-what-does-this-mean

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.