Law No. 24.674. Modification.

Original Language Title: Ley Nº 24.674. Modificación.

Read the untranslated law here: https://www.boletinoficial.gob.ar/#!DetalleNorma/10375199/20160703

TAXES tax law 26.929 law No. 24.674. Modification. Sanctioned: 19 December 2013 promulgated: 20 December 2013 the Senate and Chamber of deputies of the Argentina nation gathered in Congress, etc. they attest to the force of law: modification to the law of tax internal article 1 ° - be replaced with article 28 of the law 24.674 of internal revenue and its amendments the following text: article 28: the encumbered assets, in accordance with the rules of the previous article, shall pay the tax arising by application of the rate of ten percent (10%) of the respective tax base. Those operations whose price of sale, without consider taxes, included them optional, is equal or lower to weights cent seventy thousand ($ 170,000), will be exempt from the assessment.
Article 2 ° - be replaced with article 39 of the law 24.674 of internal revenue and its amendments the following text: article 39: goods included in article 38 shall pay the tax arising by application of the rate of fifty percent (50%) of the respective tax base. Those operations whose selling price, excluding taxes, including the optional, is equal to or less than one hundred seventy thousand pesos ($ 170,000) will be exempt from the assessment, with the exception of goods covered by subparagraphs c) and e) of article 38 for which case the exemption shall govern whenever the aforementioned amount is equal to or less than twenty-two thousand pesos ($ 22,000) to subparagraph (c)) and one hundred thousand pesos ($ 100,000) to subsection e). In addition, in the case of goods covered by subparagraphs to), b) and (d)), whose sale price, regardless of taxes, including the optional, exceeds one hundred seventy thousand pesos ($ 170,000) up to two hundred and ten thousand pesos ($ 210,000) must pay the tax arising by the application of the rate of thirty per cent (30%). In the case that the amount of two hundred ten thousand pesos ($ 210,000) will exceed the rate established in the first paragraph of this article shall apply. At the same time, in the case of goods covered by subsection e), whose retail price, excluding taxes, including the optional is greater than one hundred thousand pesos ($ 100,000) and hundred and seventy thousand pesos ($ 170,000) tax is the result by application of the rate of thirty per cent (30%). https://www.boletinoficial.gob.ar/pdf/linkQR/aG9VdDFEZTZ1LzlycmZ0RFhoUThyQT09 for the case that the amount of one hundred seventy thousand pesos ($ 170,000) is exceeded shall apply the established rate in the first paragraph of this article.
Article 3 ° - the provisions laid down in items 1 ° and 2 ° of the Act be governed by taxable events occurring after its publication in the Official Gazette.
Article 4 ° - contact the national executive power.
GIVEN IN THE CHAMBER OF THE CONGRESO ARGENTINO, BUENOS AIRES, NINETEEN DAYS AFTER THE MONTH OF DECEMBER OF THE YEAR TWO THOUSAND THIRTEEN.
-REGISTERED UNDER NO. 26.929 - AMADO BOUDOU. -JULIAN A. DOMINGUEZ. -John H. Estrada. -Lucas Chedrese.

Date of publication: 31/12/2013 https://www.boletinoficial.gob.ar/pdf/linkQR/aG9VdDFEZTZ1LzlycmZ0RFhoUThyQT09