Geopolitics

Uruguay says Argentina will review 30% ‘tourism tax’

Uruguayan President Tabaré Vázquez said that Argentina’s Tourism Minister has committed to reviewing a 30% “tourism tax” applied when travellers from the country pay for goods and services abroad in U.S. dollars. Part of the economic emergency law passed by Congress in December, the tax applies to all such expenses incurred when using credit cards outside of the country and has hit traditional Argentine Southern hemisphere summer holiday destinations like its smaller neighbour Uruguay.

Source: Reuters