Impuestos

The 19% Withholding on Dollar Bank Accounts: A New Economic Challenge.

In a context of increasing economic pressure, the government has implemented a new measure that directly affects dollar bank accounts: the 19% withholding. This decision has generated controversy among citizens, entrepreneurs, and economists, who interpret the measure in different ways.
The 19% withholding on all dollar bank accounts seeks to increase fiscal revenues at a time of high inflation and fiscal deficit. Through this measure, the government hopes to generate a flow of income that can cushion the consequences of the economic crisis. However, the measure has been seen by many as an additional burden for citizens who, with effort, manage to save in foreign currency, seeking to protect themselves from the devaluation of the local currency.