The AFIP modified the minimum values from which taxpayers are required to declare transfers of real estate and used cars and motorcycles.
The Federal Administration of Public Revenues (AFIP) modified the minimum values from which taxpayers are required to pay declare transfers of real estate and used cars and motorcyclesthrough general resolution 5362/2023 published in the Official Gazette.
For used cars, the value from which the subjects who habitually carry them out must declare to the AFIP the intermediation or purchase-sale operations on their own or third-party account was increased from $600,000 to $1,100,000.
For the used motorcyclesthe value from which the transfer must be declared went from $240,000 to $450,000.
On the other hand, the value from which the owners are obliged to obtain the Real Estate Transfer Offer Code (COTI) was increased from $5 million to $9.4 million prior to the negotiation, offer or transfer of real estate or rights to real estate to be built.
In the same way, the value from which owners must obtain, prior to carrying out the act, the Automotive Transfer Certificate (CETA) was increased from $2.4 million to $4.5 million.
The AFIP also determined that all these values will be updated annually, effective as of April 1 of each year, by the coefficient arising from the annual variation of the General Level Consumer Price Index (CPI) provided by the Institute of Statistics. and Census (Indec).