Section 14
- Property Federal Tax.
There is in Argentina a
Federal Tax to Personal Assets. This tax is charged on yearly basis over
the property, funds a stocks that the non-resident has in Argentina (In
case of Argentines and permanent residents it charges over the assets
they own worldwide).
The rate of the tax is 0,5%
yearly for total assets from $ 100.000 to $ 200.000 argentine pesos, and
0,75% when the total assets are over the $ 200.000 argentine
pesos.
This tax can be declared and paid over the
internet, once you charge download the program from the AFIP, and you install
and charge your info for the first time, it will take no more than 15 minutes a year to
present your tax declaration and to pay it online.

|