Argentina's Inocencia Fiscal II: Ends Retroactive Personal Property Tax on Real Estate Purchases

Argentina's second tax amnesty program (Inocencia Fiscal II) introduces key changes, notably eliminating the retroactive claim of Personal Property tax for real estate purchases. This is a continuation of the government's asset regularization efforts, aimed at encouraging undeclared dollar holdings into the formal property market. The change reduces tax risk for buyers using cash, potentially boosting real estate transactions, but its impact depends on implementation details and broader economic conditions.