BUENOS AIRES, Argentina — Argentina’s government is slapping another restriction on online and mail-order purchases from abroad as it tries to stem the outflow of dollars.
Today’s announcement in the official gazette limits Argentines to just two such purchases a year. Purchases beyond that will be dealt with as imports, subject to more extensive paperwork. The decree says the limit applies to the official postal service, but does not mention private courier companies.
It comes only a day after the government said it would require people to submit a statement to the tax agency before they can receive goods ordered from abroad. Such goods can be taxed at 50 percent.
Argentina’s economy is suffering from a shortage of dollars and its foreign reserves recently plunged to their lowest level in more than seven years.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.