The Government reduced the rate for the benefit of the user and instructed the Ministry of Justice to readjust and simplify the special contribution system.
Through the Decree 902/2024 published in the Official Gazette, the Government lowered the registration fee for real estate of the Federal Capital. Previously, it was provided that any registration, annotation, pre-annotation or re-registration that was not taxed would pay a 2% special rate of the amount of the operation contained in each document that was intended to be registered. Now that rate has dropped to 1%.
Likewise, the statement clarified that when the document presented did not establish the amount of the operation, The rate will be calculated on the tax valuation of the property(s) included, current at the time of requesting registration.
At the same time, it is established that, when it comes to the purchase of real estate for one’s own home, through official housing plans, The general rate will be reduced to 0.5%. The legal point will be accredited by means of a sworn statement by the interested party, made under his or her civil and/or criminal responsibility, formulated in the respective document.
This measure will come into force 15 days after its publication in the Official Gazette, that is, October 29. He was instructed Ministry of Justice to readjust and simplify the special contribution system established in Law No. 17,050, for the benefit of the user.
Real Estate Market: another benefit that was implemented with the Bases law
With the promulgation of the Bases Law and the fiscal package was eliminated Property Transfer Tax, which established a 1.5% tax for the transfer of properties.
The Law of Bases and Starting Points for the Freedom of Argentines and the package of fiscal measures published in the Official Gazette by President Javier Milei declares a public emergency in administrative, economic, financial and energy matters for one year.
The elimination of the ITI for Human Persons, Undivided inheritances and people who carry out real estate operations individually applies to acquisitions made before 1/1/2018, while properties acquired before that date They will not pay any tax at the time of being sold.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
