According to the head of the Buenos Aires Government, the information that had circulated about this tax arose from “a working draft presented as a proposal by the AGIP” although it was not the version that reached the Legislature.
The head of the Buenos Aires Government, Jorge Macriannounced through his social networks that finally Professionals will not be charged incomeas anticipated. “I want to be very clear on this: At no time did I consider eliminating the gross income exemption for professionals as an option for next year“, wrote.
Macri’s message comes after a version circulated that indicated that, in the new budget project, the Buenos Aires government would eliminate the tax exemption.
However, the president clarified: “The information that was circulating comes from a working draft that The AGIP presented us as a proposalbased on a criterion of tax equity, but with which no progress was made nor was it presented in the Legislature. In this context of crisis, not charging gross income to professionals is not only an economic decision but also a political one,” he said.
In this way, those professionals who are dedicated to advocacy, architecture, engineering and accountingamong other professions, will not have to pay a 3% rate from 2025.
Before Macri denied the removal of the exemption, the project had justified the tax change by explaining: “If a plumber who bills a consortium pays the Gross Income tax, a lawyer must do so too.”
Budget 2025: the Buenos Aires government proposed changes in the ABL
One of the main points proposed by the 2025 Budget project in the City of Buenos Aires establishes changes in the ABL items and their calculation, an issue that keeps citizens in suspense year after year.
From the City They assure that it is a tax with little progressivity given that, as they claim, 99% of the total universe of items are within the same range and with the highest rate.
He Budget 2025 contemplates a new calculation methodology “to make it more progressive and equitable”. The new proposal plans to increase the scales from 7 to 10 and incorporate a geographic coefficient that will also include a zonal bonus, which will refer to the increase ceiling. Thus, the value 0 corresponds to South Barracks, the value 1 to Center Wheelie and the value 2 a Puerto Madero.
Source: Ambito
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