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Real estate revaluation: alarm in the countryside before a government announcement

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Real estate revaluation: alarm in the countryside before a government announcement

The Argentine Minister of Economy, Silvina Batakis (l), and the Minister of Productive Development, Daniel Scioli (r), attend a press conference in the auditorium of the Ministry of Economy (Xinhua / Martín Zabala).

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Economy Minister Silvina Batakis announced several economic measures this morning, accompanied by several ministers. In this sense, among other provisions, you announced that artThe Real Estate Valuation Agency is about to migrate to the Ministry of Economy: “We will work on methodologies to make the valuation comparable in all provinces and cities and be fairer to all taxpayers.”

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This announcement causes fear in the agricultural sector because Batakis itself has already promoted a strong fiscal revaluation on the fields when he was minister of the then governor of Buenos Aires, Daniel Scioli. increased the tax burden on producers.

“Batakis, when he was minister of the province of Buenos Aires, implemented an excessive fiscal revaluation, we hope that this time don’t create the framework for governors to do the same“, underlined the president of the Argentine Rural Society, Nicolás Pino.

In this regard, Horacio Salaverri, president of the Confederation of Rural Associations of Buenos Aires and La Pampa (CARBAP), He recalled that Batakis’ relationship with agriculture was strained when he was minister of the Buenos Aires government.

It made a huge revaluation in 2012, which averaged 2000%. We mobilized in La Plata and stopped him in the Chamber of Deputies of the province, but in the end Scioli removed him by decree. During his administration of him, he created the additional property tax and the free movement of assets, which clearly affected the sector. He recorded everything, “he assured him.

In this regard Salaverri argued that “if a revaluation of rural plots, closer to market values, is carried out and a special rate is applied to it, all agricultural income will be directly absorbed”.

“It is very clear that the return on investment is very low. Any rate will directly affect the profitability of the sector. It would be unbearable,” he added.

“The countryside cannot continue to transfer resources in a scandalous way to an endless state fund,” criticized Juan Diego Etchevehere, director of Entre Ríos of the Argentine Rural Society and agricultural producer.

“What was announced by Minister Batakis to promote real estate revaluations in the provinces is a new extraction of funds from producers. marketing of cereals and farm.

Source: Clarin

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