Wealth Tax

[toongeorges]

Are this still the rates for the wealth tax on individuals in Argentina?

- 0,5% from 305,000 ARS to 750,000 ARS
- 0,75% from 750,000 ARS to 2,000,000 ARS
- 1% from 2,000,000 ARS to 5,000,000 ARS
- 1,25% over 5,000,000 ARS

I am asking because the Wikipedia entry at https://en.wikipedia...wiki/Wealth_tax says:

Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (USD 53500), the annual rates are 0,75% for 2016, 0,50% for 2017 and 0,25% in 2018.

Which seems to suggest that the wealth tax is reduced?

 

[toongeorges]

Interesting read: http://www.lanacion.com.ar/1902603-anunciarian-profundo-cambio-en-bienes-personales-se-pagara-desde-los-800000-este-ano-y-se-eliminara-en-2019