Argentinian Government Sets New Restrictions in Cross-border E-Commerce

Jan 28, 2014 (Tue): Argentina’s government has implemented new Gazette that restricts Argentinians to buy not more than two items and not more than US$25 worth of goods from foreign e-commerce websites each year. The objective of the new regulation is to reduce the amount of currency leaking out of the country.

If Argentinians want to buy more than two items and US$25 a year, they need to register themselves with the government as importers, thereby need to comply with the country’s import regulations. According to the import regulations, the imported goods including shipping fee will be taxed at 50 percent as import tax.

Author: VSDaily Editor

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