The new non-taxable minimum will be higher, $100 million. It can be paid in advance for 5 years with the lowest rate.
The rate will drop to 0.25% from 2027, below previous levels. The reduction in Personal Assets goes hand in hand with the "laundering" provided for in the fiscal package. Like Mauricio Macri's tax reform, Javier Milei's aims to encourage the repatriation of capital that evaded taxes in order to alleviate reserves and improve collection. To achieve this, "They seek to have a volume of income that do not have today, and with Personal Assets, too," said Carín Marti, partner at Lisicki & Asociados & Litvinados. To raise fiscal surplus, the Government now seeks to raise taxes (Profits and Monits) and recompose resources (Moratorium, Personal Assets and Money Laundering and Monotothes) The new fiscal package includes a reduction in the floor from which the tax begins to be paid, a decrease in the rates and also gives the option of advance payment of 5 years.