Home Business A tax measure eases the registration process in countries and well departments

A tax measure eases the registration process in countries and well departments

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A tax measure eases the registration process in countries and well departments

A tax measure eases the registration process in countries and well departments

The new ARBA measures aim to speed up the registration of thousands of lots blocked by the collection of a tax. Photo Maxi Failla

The Collection Agency of the Province of Buenos Aires (ARBA) has implemented a tax measure a to unlock the situation of thousands of lots in Villages Y country houses It’s inside good departments whose act remained glued due to problems with supplementary tax.

The series of resolutions streamlines procedures relating to tax liability on real estate elements and simplify the parcel subdivision. These efforts are part of the last section before the signing of the act, but in reality they constituted a Gordian knot that – between one test and another – wrecked the operations.

Problems have hindered real estate developments in countries, gated communities, country clubs and even buildings, for people who have bought under trust and they were trapped just before the act.

The figure at the center of the controversy was the supplementary taxwhich must be paid by those who own more than one property in the Province of Buenos Aires.

The inconvenience arose because ARBA charged this fee to the developer from the beginning of the real estate business as if it were the sole owner of the total extension of the land, when in reality these lands are divided and end up in the hands of several owners.

The new ARBA measures aim to speed up the registration of thousands of lots blocked by the collection of a tax.  Photo Maxi Failla

The new ARBA measures aim to speed up the registration of thousands of lots blocked by the collection of a tax. Photo Maxi Failla

The situation exploded shortly before the signing of the deed, when the notary he was informed of the debt for the lot in questionto the surprise of the buyers who – in many cases – only owned that property and therefore were not responsible for the amount.

Despite the protests, the debt was still standing and caused ARBA complaints and lawsuits against the developers, who on paper were still the owners. For its part, the provincial state the collection could not be completed to strengthen their coffers.

New resolutions come to resolve this conflict since allows scribes to elaborate directly update tax liability, without the mediation of the ARBAand also implement the retroactive termination via sales ticket and the possibility to modify the data of several items at the same time.

So they can authenticate even if they have debts of the supplementary tax. To this possibility is added the provision that since last year allows the subdivision of plots that have pre-existing debts of the Basic Real Estate Tax.

What they said from ARBA and from the cameras

The news was discussed in a meeting held by an ARBA delegation, led by its boss, Cristian Girard, with representatives of the Chamber of Urban Development (ECHR) and the Argentine Chamber of Construction (CAMARCO).

“We have been able to provide concrete answers to situations posed by the private sector. To do this, we had to adapt the regulations and resolve the bureaucratic issues, “Girard said. And he assessed that the simplification of procedures and the” clear ordering of urban developments “are important because” they have a great impact on the economy and job creation“.

Cristian Girard, head of ARBA, with representatives of the real estate development chambers.

Cristian Girard, head of ARBA, with representatives of the real estate development chambers.

Furthermore, he said that these resolutions will facilitate tax collection in the province of Buenos Aires. “Already There is notfrom our point of view, outstanding issues preventing compliance correctly with the payment of taxes “, remarks Girard – and at the same time warns.

For his part, Patricio Lanusse, pro-secretary of the ECHR, assured: “We believe that the measures of the Arba can give solution the problems we were dragging ourselves into in relation to the Real Estate Tax. “

Alejandro Metro, president of the CAMARCO delegation in Buenos Aires, also celebrated the regulatory innovation. “Measures solve a big problem which existed in the province of Buenos Aires, as they encourage construction with greater legal certainty and fewer obstacles when it comes to dividing the real estate elements, “he assessed.

ds

Source: Clarin

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