Increase in Patents: increases of up to 288% in the province of Buenos Aires

The increase in the license plates of cars based in the province of Buenos Aires, approved at the end of last year, is already beginning to be reflected in the bills received by the people of Buenos Aires, with increases of up to 288%. The adjustment in the tax values was authorized last December when the Tax Law for this year, which Governor Axel Kicillof sent to the Legislature, voted in favor. In the same tax package, a sharp increase in the Inmobiliario.De this way, with the new regulations, the limit of 140% increase was established for vehicles valued fiscally at up to $6,510,000, which covers some 534,666 vehicles, that is, 29% of the vehicle fleet that pays the license plate in Buenos Aires territory. On the other hand, for motor vehicles valued at up to $18,000,000, the increase is capped at 200%. This is the majority group, since some 1,122,700 vehicles enter, which represents 61% of the provincial vehicle fleet reached by the tax. You may also be interested in: “Javier Milei announced that inflation in February will be around 15%”As for the vehicles of higher value, which exhibit a tax valuation of more than $18,000,000, it was determined that the cap is released. This bracket includes 10% of the vehicle fleet that pays the tax in the province. Beyond these caps, some taxpayers’ bills reflect increases higher than those approved in the regulations. This is due to the fact that there was a cut in the discount for payment on time, adherence to automatic debit and sending of the ballot by email, which went from a reduction of 20% on the established value to only 10%. From this, Buenos Aires residents who have a car that exhibits a tax valuation between $6,510,000 and $18,000,000 (the majority group), will have an average increase of 288% in their ticket.

Original source in Spanish