Repatriation of funds from apt rental?

[Heather G]

Can you recommend a "good" accountant? The one I saw was very nice but basically told me I didn't even need to pay taxes....

 

[Davidglen77]

Can you recommend a "good" accountant? The one I saw was very nice but basically told me I didn't even need to pay taxes....

I used an accountant when I had my business, while they got the job done for me, none of them were "good" by far and I wouldn't recommend them. I suggest you go to AFIP in person and they will tell you what you need to know. That is what I used to do when the accountant never returned my calls or e-mails. Then go to RENTAS (suipacha & viamonte) and ask them if you have to pay ingresos brutos on your apartment rental income.

I would go with what the accountant told you. Unless you have a business or your properties are held in a corporation of which you are a principal, then I don't think you owe any taxes besides ABL.

 

[joemama]

I suggest you go to AFIP in person and they will tell you what you need to know.

Ha, you have to be kidding right? Going to AFIP to 'ask' what to do is the last thing any accountant worth their salt will tell you. If you are indeed in such a rush to part with your money then I suggest donating it to a charitable organization you can trust. Otherwise you are basically just giving your money away and it will most likely be A) used stupidly or B) stolen.

 

[Davidglen77]

Ha, you have to be kidding right? Going to AFIP to 'ask' what to do is the last thing any accountant worth their salt will tell you. If you are indeed in such a rush to part with your money then I suggest donating it to a charitable organization you can trust. Otherwise you are basically just giving your money away and it will most likely be A) used stupidly or B) stolen.

Everybody's experience is different, HOWEVER, the times I've needed information on tax related matters I got it either from the AFIP website or going to one of the dependencias myself. Unfortunately the accountant's I've had either don't bother to answer e-mails, text messages or phone calls, or don't bother to investigate things with AFIP because they are all "so busy". At AFIP they are not going to tell you to pay taxes on something that there is no tax law on, go to the AFIP page there is tons of information there.

 

[mariposa]

Can you recommend a "good" accountant?

i have a good accountant, you can PM me

 

[jez]

To clear things up - you do not pay bienes personales tax on cash money in a bank account.

You do not pay bienes personales on money in a savings account but you do on a current account, although you have to declare the money in the savings account anyway - just not pay tax on it.

Just transfer the money out of the account so it isn't in there on the 31st December, the date when the bienes persoanles are calculated.

 

[ndcj]

You do not pay bienes personales on money in a savings account but you do on a current account, although you have to declare the money in the savings account anyway - just not pay tax on it.

Just transfer the money out of the account so it isn't in there on the 31st December, the date when the bienes persoanles are calculated.

And you do, in theory at least, pay it on money in the colchon and money located in any bank outside Argentina. Only exempt cash is cash in a caja de ahorro in an Argentine bank.

 

[ben]

Sorry to go off on a bit of a tangent, but is all this applicable only to citizens or to perm residents (DNI-holders) as well?
Put differently - if one goes from permatourist to resident, does that mean that in theory they must now pay tax on, say, US-based income?

 

[ndcj]

Sorry to go off on a bit of a tangent, but is all this applicable only to citizens or to perm residents (DNI-holders) as well?
Put differently - if one goes from permatourist to resident, does that mean that in theory they must now pay tax on, say, US-based income?

In theory you are a resident of Argentina for tax purposes in most circumstances when you spend 183 days of the year here, no matter whether you're a permatourist or legal resident.

 

[TheBlackHand]

werd. sounds like BS to me.

sorry i don't understand this.