The Santa Fe Province Tax Law for the 2024 fiscal year (No. 14,244) established a Total Annual Payment benefit for Urban and Rural Property Tax, as well as the Vehicle Tax (Patente Única sobre Vehículos). This benefit consists of a thirty-five percent (35%) discount on the total annual amount of the aforementioned taxes.

The deadline to access this discount is the due date of the first installment, which falls between February 23 and February 29 of the current year, depending on the control digit of the property tax ID or vehicle license plate (RG API No. 20/23).

In addition to the aforementioned discount, this total settlement prevents the application of additional increases—beyond those already established—on installments 4 through 6 for property tax and 4 and 5 for vehicle tax, which the Executive Branch may implement based on the prescribed indices (Arts. 1, 2, and 37 of the cited law).

Furthermore, taxpayers who held property tax accounts with no outstanding debt at the end of the 2023 fiscal year are granted a fifteen percent (15%) discount on the determined tax amount and are exempt from the final installment of 2024, in recognition of their good tax standing. These benefits are also factored into the calculation of the total annual payment.

Regardless of the prevailing inflationary context, we believe this represents a strategic opportunity to settle these taxes in full by taking advantage of the various discounts provided by law.