It is worth remembering that they pay for the excess over the MNI for a home. And the remaining 226,000 taxpayers are from all over the country who, in addition to their home, declare a second property in CABA.
The official also pointed out that they seek to return to the criteria used in 2013 until the 2018 modification. That is, to use the same tax base as the City of Buenos Aires for real estate tax. “The reduction of the fiscal deficit is not thought of in the traditional way, through a cut in public spending, but rather through the improvement of tax resources and, in particular, with the contribution of the sectors with the greatest taxpaying capacity,” she said. .
The head of the AFIP mentioned that in 2012 the City of Buenos Aires modified the index and created a specific one that was based on the fiscal valuation multiplied by four. In 2013, the AFIP adopted that reference and applied it for the valuation to determine Personal Assets until 2018, when it decided to go back.
“With the changes, the fiscal valuation of Buenos Aires real estate will go from representing 7% of the real price to reach 28% of its market valuation. The measure that multiplies by four the fiscal valuation of Buenos Aires real estate is used to determine the amount to be paid for the tax in the City”, he added.
As these are taxes applied in the provinces at the regional level and not a national tribute, there should be agreements with the governors to advance this policy, since it is the provincial administrations that will have to advance the project so that they can see the reality. In this sense, Del Pont assured that they will work with the provinces to define methodologies and procedures that bring fiscal valuations “closer to what the market value is.”
The Government will try to collect some $65,000 million this year as a result of the application from this year of the real estate revaluation throughout the country. By 2023, revenue growth would double to $130 billion.Mar
Source: Ambito
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