Tourism crisis, they are considering reducing VAT

[Che1990]

“Argentina no es un país caro, es un país valioso”

Hope the link works

Crisis del turismo: el Gobierno analiza un IVA diferencial para aliviar al sector

Se piensa en reducir el porcentaje de IVA para las actividades vinculadas al turismo. El proyecto que estudian prevé una alícuota del 10% para hotelería y gastronomía.

www-ambito-com.translate.goog

 

[Bajo_cero2]

Sure, what about to free the usd market? A different exchange rate is what tourism and the whole economy needs.

 

[Che1990]

I believe in Santa Claus more than I do the dollar at 1200 pesos

 

[Quilombo]

Scioli said that "Argentina is not an expensive country; it is a valuable country"

Yeah and I'm not fat, I'm just rubenesque lol

Rearranging deck chairs already; if the VAT of 21% is too much for tourism, wouldn't it be too much for the entire economy? Or could it rather be that the peso is massively overvalued? Inquiring minds want to know.

 

[antipodean]

Foreigners already do not pay VAT on hotel accomodation, and for purchases of goods they can get a VAT refund at the airport (similar to Europe).

Regarding hotel occupancy: Is 10% up in Arpril 2025 vs 2024 - https://www.indec.gob.ar/uploads/informesdeprensa/eoh_06_25409875AA47.pdf
Regarding domestic air passengers: Is 13% up in April 2025 vs 2024 (e.g. above 2023 levels)

Estadísticas

datos.anac.gob.ar

A 10% reduction on IVA for tourism and leisure activities would be welcome to stimulate demand, but let's not pretend it has to do only with inbound tourism decline (who honestly would hardly even notice it vs status-quo) and will thus help inbound tourism or that tourism is "dead".