The head of government of the City of Buenos Aires, Jorge Macri, announced a series of measures that aim to provide fiscal relief for Buenos Aires taxpayers. The procedure to not pay for Lighting, Sweeping and Cleaning is now available to carry out through the website of the Government Administration of Public Revenues (AGIP).
The Buenos Aires president Jorge Macri confirmed a series of tax relief measures that, as detailed by his administration, will have an impact on “more than 500,000 peoples” in the City and, in addition, will generate a decrease in the tax burden “of 305 billion pesos“. Among them, one of the most notable is the exemption for retirees of the tax Lighting, Sweeping and Cleaning traditionally known as ABL that will expand its reach to more older adults.
According to the spokesperson for the City government, Laura Alonso, CABA has a registry of approximately 600,000 retirees and the new benefit would reach 37,000 older people. The new proposal has already been approved and those who meet the requirements can request the withdrawal on the official website of the Government Administration of Public Revenues (AGIP) or in person, making an appointment in advance.
What requirements must be met to have the ABL exemption in CABA
In detail, those retirees who want to access the exemption from paying the tax must receive a having equal to or less than four times the minimum retirement, that is, approximately $1,063,000. On the other hand, the person to request the benefit must not be the owner of a home that exceeds $40,000,000, a value that is derived from the reference of the Homogeneous Tax Valuation of the property.
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The Homogeneous Tax Valuation (VFH) reflects what the new tax value of a property is. It is calculated considering the economic value and incidence of the land according to geographical location and environment and the commercial incidence of the district on the one hand, and the real value of the building according to the category, destination, quality and characteristics.
“In the previous scheme, the exemption could be partial or total: the scale of the benefit ranged from 25%, 50%, 75% or 100%according to the value of the property,” explained Alonso who then added that “with the new update, by simply meeting the two updated requirements, You automatically obtain 100% tax exemption“.
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Step by step of the process to request the ABL exemption in CABA if I am retired in 2025
In detail, the procedure allows you to request the total exemption from the Real Estate Agent/ABL – 100% of the ownership of the property – to Buenos Aires retirees and pensioners who meet the following conditions as established in the current Tax Code and Tariff Law. This way
- Being owners, condominium owners, usufructuaries or beneficiaries of the right to use a single piece of real estate intended for one’s own home.
- Effectively occupy the property.
- Not be domain owners or condominium owners of another or other urban or rural properties within the national territory.
- Receive an asset equal to or less than 4 (four) minimum retirements as of December 2024, that is, approximately $1,063,000.
- The valuation must not exceed the amount established by the Tariff Law for the year from which the exemption is requested. In this case the value is set with the homogeneous tax valuation (VFH): up to $40,000,000.
Once the user has corroborated this data, they can complete the form requested on the AGIP page or request an in-person appointment to carry out the procedure.
What documentation is mandatory to carry out the procedure
- ID of the beneficiary.
- Last retirement or pension receipt.
- Property title.
- If you are a tenant, current rental contract stating the obligation to pay.
- If you are a usufructuary, Deed with usufruct.
- Form “Request for Exemption for Retirees and Pensioners” that you can download at the bottom of this page.
Source: Ambito
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