PS to the previous post:
If an Argentine citizen has a "DNI with an address abroad" must they live outside Argentina for at least 182 days of the year in order not to be a taxpayer for the bienes personales on their foreign assets?
Steve, If you have a DNI, are you a citizen?
In reading the AFIP website and articles like this, it seems clear that the law refers only to assets acquired by Arg citizens (not DNI holders) who have transferred money out of Argentina, not expats who arrived with assets outside. The intent is to bring back money earned here, "repatriation".
The Government formalized the new tax rates for Personal Property through decree 99 published today in the Official Gazette, which regulates the Law of Social Solidarity and Productive Reactivation in the framework of Public Emergency.
In a measure aimed at stimulating the repatriation of Argentine assets abroad, a differential rate of up to 2.25% was established for goods outside the country, as benefits are also granted to those who return them to Argentina.
Article 9 of the aforementioned decree establishes that the total value of goods abroad that exceeds the non-taxable minimum not computed against the country's assets, will pay a rate of 0.7% when they reach up to $ 3 million; from 1.20% between $ 3 and $ 6.5 million; 1.8% between $ 6.5 and $ 18 million and 2.25% if they exceed $ 18 million.
However, the subjects that have repatriated financial assets as of March 31 of each year and that represent at least 5% of the total value of the assets located abroad are exempted from the lien payment.
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It was also provided that “the benefit will be maintained to the extent that these funds remain deposited until December 31, inclusive, of the calendar year in which the repatriation had been verified, in entities included in the regime of Law 21.526 and its amendments, in the name of its owner ”.
In the recitals of the decree, the Executive Branch also recalled that the link “domicile” of the subject of the tax was modified by that of “residence”, with the possibility of setting differential rates to tax the goods located abroad and reduce them when Your repatriation is verified.
Decree 99 signed today in the Official Gazette is signed by President Alberto Fernández, the Chief of Staff, Santiago Cafiero; and the ministers of Economy, Martín Guzmán, of Productive Development, Matías Kulfas, and of Labor, Claudio Moroni