Overview
- About 700,000 taxpayers who file monthly returns or operate under Convenio Multilateral will face retentions on funds credited to CVU wallets, while 1.3 million in the Régimen Simplificado remain exempt.
- Payment service providers that offer accounts of payment will act as collecting agents, applying rates that range from 0.01% to 5% by risk group under the new regime.
- The measure covers CVU-based services such as Mercado Pago, Personal Pay and Lemon, whereas CBU-linked wallets like Cuenta DNI, Ualá and Naranja X already apply withholdings when applicable.
- ARBA director Cristian Girard stressed this is not a new tax and that amounts withheld will be credited in monthly filings, with ordinary personal transfers not subject to deductions and certain exceptions set in the rules.
- Tax specialists warn of potential improper deductions and liquidity strains that could push small merchants toward cash or surcharges, and El Cronista reports the start date was set after wallets sought more time, with CABA said to be exploring a similar scheme.