Tax bill provides for a lower tax burden for more than 90% of taxpayers

Tax bill provides for a lower tax burden for more than 90% of taxpayers

He specified that in the case of real estate taxesboth rural and urban, “will have increases of no more than 60%“, while for the tax automotive it was established “a cap of 40%with which in real terms there will be a reduction in the tax burden,” the official said.

“This is also important because there is a complex situation at a social and purchasing power level, and generating a reduction in a tax that is relevant is very good,” he considered.

In general, the tax bill “continues the premise of provide greater progressivity to the tax structure, avoiding increasing the burden on the majority of the inhabitants of the Province and emphasizing the solidarity of the sectors with the greatest taxpaying capacity”.

He also explained that “in Gross incomewhich is the tax contributes 70% of the proceeds of the Province, we try to generate the conditions to give it progressivity” and that this tax “maintains the universe of small and medium-sized companies benefiting from the differentiated rate, through the 95% increase in the maximum billing amount.”

We are not modifying the rates in general, but we are modifying the billing caps that allow companies to access the rates. Billing limits are set, and if you bill below a certain limit you can access the benefits. This is generated by the fact that there is a network of small companies that have a lower tax burden than large companies, “he added.

Source: Ambito

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