The proposal governs for those who have defeated debts until December 31, 2024. The beneficiaries may pay cash or through a quota plan.
He Government of the City of Buenos Aires sent to the Buenos Aires legislature a bill that aims to boost the Regularization of tax debtsamong which are real estate/abl, vehicular patent, stamps, gross income, advertising and other taxes. The proposal is aimed at the cancellation of defeated debts until the December 31, 2024.
The city head of government, Jorge Macrisaid that this regularization plan for tax debts “is part of the package of measures that we announce days ago, in order to reduce the tax burden to the city’s neighbors.” In the first week of the year, the Buenos Aires government announced measures – such as the exemption from the payment of ABL for retirees and disabled people – which they detailed will reach “More than 500,000 people“
The details of the bill for the regularization of tax debts
The regularization proposal sent by the city ruling is aimed at the cancellation of defeated debts until December 31, 2024. The text details that the taxpayer may pay what owes the cash or through a facilities plan up to 48 installmentswith Total or partial condonation of punitive interests and compensation.
According to the project, the deadline to be able to benefit from this regularization plan It will be 90 days from the entry into force of the law. On the proposal, Macri explained: “In this specific case we want to give the opportunity to catch up to those who, for the economic crisis of recent yearsthey could not fulfill their tax obligations in a timely manner. “
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Taxpayers who have debts in fiscal execution trial, whatever the status of the case, may take over the regularization planwhich will suspend the deadlines of the judicial processes already initiated. In case of canceling the total debt, either in cash or through a payment plan, the criminal action will be extinguished. On the other hand, collection agents may Cancel the debts regularized for withholdings or perceptions made and not admitted until December 31, 2024in a maximum of six installments.
The tax measures of the Buenos Aires government
The announcement of sending the bill is in line with the statements made by the head of the Buenos Aires government during the start of 2025. At that time, the administration led by Macri announced a series of measures that seek to cut the tax pressure to the city taxpayers, among which are:
- Express return of balances in favor less than or equal to $ 2,000,000 For those who pay gross income. It will be done in 96 business hours, when it took more than 3 months. It reaches 221 thousand taxpayers. It is the first time in history that the city decides to return money to taxpayers in a simple and fast way with a 100% online procedure.
- Exemption from ABL to more retired and pensioners. There are about 37 thousand retirees that will stop paying it, if they charge less than four minimum retirement and the fiscal value of their home does not exceed $ 40 million. This exemption also reaches people with disabilities.
- Exemption and reduction of the aliquots of the Gross Revenue Tax to non -professional services such as leaders, electricians or hairdressers, among many other ex officio workers. It is a project presented in the Legislature that will benefit almost 138,000 taxpayers. All categories will have 100% exemption if they invoice below $ 6,450,000 annually.
- Aliquot of 0% in seals tax of rental contracts with commercial and tourist destination. In this way all rentals are exempted, because so far only those destined for housing were exempted.
- Also the stamps will be zero for vehicle leasing operationsand those of adhesion and assignment of relief fees of real estate developments, to facilitate access to housing. The sale of family housing below $ 205 million is exempt from the stamp tax.
- A bill will be presented to adhere to National incentive regime to large investments (Rigi) and national money laundering.
- With ark, working in the simplified regime that unifies local taxes with the national monotax. It benefits 210 thousand monotributistas.
Source: Ambito
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