In a significant move to promote digital consumption and reduce tax burdens, the Argentine government has eliminated the 30% tax previously applied to purchases made on foreign digital gaming platforms using credit cards. This decision, enacted through a resolution by the Agencia de Recaudación de la República Argentina (ARCA), aims to make digital gaming more accessible and affordable for Argentine consumers.
The tax exemption applies to a wide range of popular gaming platforms, including Steam, PlayStation Network, Xbox Live, Epic Games, and Nintendo. Previously, these purchases were subject to a 30% tax on top of the standard 21% VAT, significantly increasing the cost for consumers. With the removal of this tax, gamers can expect immediate savings on game purchases, subscriptions, and in-game content.
This initiative is part of President Javier Milei’s broader economic reform agenda, which focuses on reducing tax burdens, encouraging digital consumption, and fostering growth in the digital economy. By making digital gaming more affordable, the government aims to support the burgeoning local gaming industry and provide economic opportunities for young developers and content creators.
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