Foreign Gaming Platforms Receive Tax Reduction of 30% in Argentina
🇦🇷 Game On, Argentinians!
🎮 Breaking free from the taxing burden 💰
Argentina's gaming community can now rejoice, as the government has wiped out a hefty 30% income and property tax that once applied to digital purchases on foreign platforms like Steam, PlayStation Network, Sony, and Epic Games.
🔄 The game has changed 🎲Following the government's April 2025 decision to ease currency controls and allow Argentinians to buy and sell foreign exchange freely, the stage was set for a drastic tax drop on digital platforms. And now, it's finally here!
💸 Less cash out, more cash in 💰Previously, purchasing games or services from foreign portals resulted in a steep 51% tax bill. This was composed of a 21% VAT and an additional 30% in income and personal property tax. Hooray for lighter pockets!
🎉 Embracing digital entertainment 🕹️This shift reflects the government's broader effort to promote digital entertainment and service consumption, setting the stage for possible tax relief for online gambling providers too.
🛡️ Not leaving anything to chance 📝The Customs Control and Collection Agency (ARCA) of Argentina has provided a list of gaming platforms exempt from the 30% charge, featuring popular names like PlayStation Network, Steam, Epic Games, and Sony. Companies that continue to charge the extra tax will be compelled to refund consumers within a month.
🌐 The digital future shines bright 🌌This policy change aligns with Argentina's ongoing economic strategy to ease restrictions and spur digital spending. With more updates on the horizon, it's clear that Argentina is set on making it cheaper and easier for its users to indulge in online services.
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[1] Argentina eases currency controls:https://www.reuters.com/world/americas/argentina-to-ease-currency-controls-lets-individuals-buy-sell-forex-2025-04-11/[5] Background on Argentina's currency control reform:https://www.yahoo.com/now/argentina-internationalize-economy-forex-025353431.html
- Argentinian gamers no longer have to pay a 30% tax on digital purchases from platforms like Steam, PlayStation Network, Sony, and Epic Games, as the government has exempted these from the income and property tax.
- The lifting of currency controls in Argentina in April 2025 paved the way for a significant reduction in taxes on digital platforms, allowing for more Argentinians to embrace digital entertainment and online service consumption.
- The Customs Control and Collection Agency (ARCA) of Argentina has ensured that popular gaming platforms like PlayStation Network, Steam, Epic Games, and Sony are exempt from the 30% charge, with any companies continuing to charge this extra tax compelled to refund consumers within a month.
