Guide to Property Taxes in Argentina
Tax Rate on Rental Income |
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| Monthly Income | €1,500 | €6,000 | €12,000 |
| Tax Rate | 25.49% | 28.87% | 29.44% |
Foreign nationals residing for less than six months per year in Argentina without any visa (permanent or temporary) are taxed only on Argentine-sourced income. Nonresidents do not enjoy standard income tax deductions. Married individuals are assessed and taxed separately, but income from property acquired during marriage is allocated to the husband, except in certain special cases.
The tax laws establish very detailed rules on how tax is to be calculated. It is important to keep records. Penalties for failing to make tax returns or omitting tax income can be 50% to 100% of the tax obligation.
Income Tax (Impuestos a las Ganancias)
Residents are taxed on all their national and international incomes while non-residents are only taxed on income received in Argentina.
| Taxable Income, (ARS) | Tax Rate |
| ARS 0 - 173,834.61 (US$194) | 5% |
| ARS 173,834.61 - 347,669.23 (US$387) | 9% |
| ARS 347,669.23 - 521,503.84 (US$580) | 12% |
| ARS 521,503.84 - 695,338.47 (US$775) | 15% |
| ARS 695,338.47 - 1,043,007.68 (US$1,162) | 19% |
| ARS 1,043,007.68 - 1,390,676.90 (US$1,549) | 23% |
| ARS 1,390,676.90 - 2,086,015.35 (US$2,324) | 27% |
| ARS 2,086,015.35 - 2,781,353.85 (US$3,098) | 31% |
| ARS 2,781,353.85 and above (US$3,098) | 35% |
| Source: Global Property Guide | |
Gross Income Tax (Impuesto sobre los Ingresos Brutos)
The average tax rate in the Federal Capital (the City of Buenos Aires) is 4%, and comparable rates apply across various provinces.
Capital Gains
The sale of real estate properties is subject to capital gains tax at a flat rate of 15%. Acquisition costs and related expenses, which may be adjusted for inflation, are deductible when calculating the taxable capital gains.
Corporate Taxation
Income and capital gains earned by companies are subject to corporate income tax at a progressive rate of 25-35% as of January 1, 2021.
| Corporate Tax, (ARS) | Tax Rate |
| ARS 0 - 14,301,209.21 (US$15,930) | 25% |
| ARS 14,301,209.21 to 143,012,092.08 (US$159,303) | ARS 3,575,302.30 plus 30% on the band over ARS 14,301,209.21 |
| More than ARS 143,012,092.08 (US$159,303) | ARS 42,188,567.16 plus 35% on the band over ARS 143,012,092.08 |
| Source: Global Property Guide, PWC | |
Property Buying and Selling Taxes and Costs
TRANSACTION COSTS |
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| Who Pays? | ||
| Property Transfer Tax | 1.80% 1.80% |
buyer seller |
| Legal Fees | 2.00% (+21% VAT) | buyer |
| Notary Fee | 1.00% - 1.50% | buyer |
| Real Estate Agent's fee | 2.00% (+21% VAT) 2.00% (+21% VAT) |
buyer seller |
| Costs Paid by Buyer | 6.80% - 7.30% | |
| Costs Paid by Seller | 3.80% | |
| ROUNDTRIP TRANSACTION COSTS | 10.60% - 11.10% | |
| Sources: Global Property Guide, PWC, Deloitte | ||
Property Holding Tax
Tax on Personal Assets (Impuesto sobre los Bienes Personales)
Aside from income tax, nonresidents pay personal assets tax to the national government on assets owned in Argentina, except for urban properties used to generate profits. Residents are liable to pay this tax on their net wealth, at progressive rates from 0.50% to 0.75%.
Municipal Taxes
Local governments assess the cadastral value of the real estate and levy a real estate tax. The taxable base for local taxes will not exceed 80% of the property's market value. Tax rates are 1.20% for rural properties, 1.35% for sub-rural and sub-urban properties, and 1.50% for urban properties. The municipality also imposes a charge of 0.55% for lighting, sweeping, and cleaning services.