The Argentine tax authority (AFIP) has issued a release on the increase of the exempt amounts for the personal property (assets) tax for 2022, as well as the adjusted tax brackets. This includes the exempt amount for personal housing (residence), which is set to ARS 56,410,705.41, and the general exempt amount for all assets in Argentina, which is set to ARS 11,282,141.08.
The adjusted tax brackets are as follows for domestic property:
- up to ARS 5,641,070.54- 0.5%
- over ARS 5,641,070.54 to …