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    Global Daily Tax News, Argentina Repeals Inoperative Real Estate Transfer Tax, (Jul 15, 2024)

    Argentina has published in its Official Gazette Law No. 27,743 to repeal a real estate tax that applied to property transactions carried out before 2018.

    The nation has repealed the real estate transfer tax ITI, which applied to transfers of ownershi ...

    Argentina has published in its Official Gazette Law No. 27,743 to repeal a real estate tax that applied to property transactions carried out before 2018.

    The nation has repealed the real estate transfer tax ITI, which applied to transfers of ownership for consideration of real estate located in the country.

    ITI was levied at a 1.5 percent rate, on gains from transactions between 1991 until December 31, 2017. Since January 1, 2018, 15-percent income tax instead applies to gains.

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