The Buenos Aires City government has approved its proposed 2026 budget, which includes changes to the tax system.
Next year, the Real Estate Tax will be updated only by inflation. For these calculations, the valuation of the properties at the time the bills are issued will be taken.
Regarding the ABL tax, it will also be updated by inflation for properties with a fiscal valuation equal to or less than $32 million. For properties with a valuation higher than that amount, the ABL rate will be updated by inflation and an additional 1% will be added monthly.
For those who make an advance payment, there will be a 10% discount, and for good payment compliance in 2025, a 10% bonus will also be granted, which will be applied to each of the monthly installments of 2026, paying each one on time.
Furthermore, the 2026 Budget contemplates a 10% annual bonus for those who adhere to automatic debit payment.
The exemption from the ABL tax for retirees, pensioners, and people with disabilities continues. During 2025, the benefit reached 85,426 retirees and pensioners.
Regarding the Gross Income Tax, there will be a total exemption and a gradual reduction for non-professional workers. The scheme will be: 100% exemption for the first three categories (A, B, and C), benefiting 118,332 taxpayers; and 75% for the next five categories, benefiting 28,868 taxpayers. The benefit is for non-professional workers registered in the Simplified Regime, with a universe of 147,200 taxpayers. Among these services are plumbing, electricity and gas, hairdressing, beauty centers, condominium administration, photography, and cleaning, among others.
In the next period in the City, the 100% exemption on this tax for the purchase and sale of unique, family, and permanent homes valued at less than $226,100,000 will remain in force. At the same time, the rate will be reduced from 3.5% to 2.7% for operations up to that amount, as long as it is for second or more homes.
The Stamp Tax on mortgage loans for a single home is also eliminated, dropping from 1% to 0%.
In 2026, electric cars will also remain exempt from paying the tax, while for hybrids, the current scheme will be maintained, which establishes a tax exemption during the first two years and a progressive annual reduction of the benefit, until in the sixth year the full tax is paid.
