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Argentina Allows Rent To Be Deducted From Taxable Income

by Mike Godfrey, Tax-News.com, Washington

13 March 2017


Argentina has published a resolution to allow taxpayers to deduct a portion of their rent payments from their taxable income.

Under General Resolution 4003-E, which was published in the country's Official Gazette, the deduction will be available subject to an annual cap of ARS51,967 (USD3,326).

The deduction will be available providing the taxpayer has no property holdings and completes the required process within tax returns, including forwarding on documentation proving the payment of rent under a tenancy agreement.

TAGS: tax | property tax | employees | individual income tax | Argentina

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