Your Balance and Regulations
At DolarApp, we guarantee that your balance will be safe with us, helping you protect your savings and stay one step ahead of devaluation. We are regulated as a PSP (Payment Service Provider) by the Central Bank of Argentina (BCRA) and comply with the legal obligations in Argentina.
The standout feature of DolarApp allows you to receive and send digital dollars directly from the app, managing them securely. These transactions are exempt from any national regulations or taxes.
However, purchases made with your DolarCard are subject to national taxes, as it is an international card but registered in Argentina. Therefore, international purchases will be subject to the taxes established by the government.
Taxes Applicable to International Purchases
Value Added Tax (VAT)
Applied to the use of digital services provided by foreign vendors.
You can consult the list of vendors registered with AFIP as digital services on the AFIP website.
PAIS Tax (30%)
30% on the value of purchases or expenses in foreign currency.
Applies to both physical stores and online purchases.
You can request a refund for exempt purchases, as long as they meet the requirements set by AFIP.
Income Tax / Personal Assets Tax (45%)
45% on the value of international purchases.
Applies to purchases made at physical stores or online platforms/apps.
Gross Income Tax
Applicable according to the provincial registry you are registered with.
The rate varies depending on the province and the taxpayer profile.
Applies when using digital services provided by foreign vendors.
Online Gambling Tax
Applies to online gambling made with your DolarCard to businesses included in the list published by the tax authority.
Personal Assets Tax (known as the "Qatar Dollar")
Applies to international purchases when the total monthly value exceeds 300 USD.
The maximum rate is 35%.
Questions or Inquiries?
If you have questions about how these taxes apply or need assistance, contact us:
Chat in the app: Available directly from your profile.
Email: Write to us at help@dolarapp.com.
At DolarApp, we strive to provide transparency and the best experience in managing your digital dollars. 💚