However, the Government once again made the decision to postpone the deadline for adherence with the intention of granting “a sufficient period of time for the analysis and adoption of the decision that they deem appropriate and, likewise, to provide the professionals involved with a additional term for the development of the tasks related to the repatriation”.
According to decree 912, the assets that can be obtained in this program are “foreign currency holdings abroad” and also “the amounts generated as a result of the realization of financial assets” belonging to people “resident in the country and the undivided successions rooted in it.
The measure represents the possibility of paying up to 30% less in the rate of Personal Assets for those who have assets abroad, who pay between 0.7% and 2.25% of the rate.
In this sense, taxpayers will be able to pay less as long as when the State verifies that at least the equivalent of 5% of the value of the assets located abroad was repatriated.
One detail that raises doubts is that, with few exceptions, the funds must remain deposited in a bank account until December 31, 2022.
Source: Ambito
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