The official announced that “tomorrow or the day after” his portfolio and the AFIP will communicate the “conditions” of application” of the extension of incentives to construction, through the corresponding regulations. In this framework, invited to join the money laundering promoted for the sector.
Meanwhile, Massa summoned all the sectors that participate in the construction industry so that, together with the national State, “we put the best of ourselves” so that after the year of extension of the extension to the incentive regime, “450,000 registered workers and more than 1.5 million square meters” built.
Referring to the parliamentary consensus that the rule had, Massa assured that “These are issues that transcend a government” and that “have to do with generating trust from politics, but also generate long-term certainty for those who develop, invest, generate work and value for Argentina.”
The president of the Business Chamber of Urban Developers (CEDU), Damien Tabakman; the general secretary of the UOCRA, Gerardo Martinez; the mayor of San Fernando, Juan Andreotti; and the director of the AFIP, Charles Castagneto.
The Government enacted the Argentine Federal Construction Incentive Law and Access to Housing, which will extend the money laundering regime for construction for one year, through decree 522/2022 published today in the Official Gazette.
On Saturday, Massa highlighted on Twitter that “the AFIP regulation will be in force on Wednesday and proposes a voluntary declaration of possession of national and foreign currency.”
In addition, he indicated that “the funds reached by a special tax will be 5% in a first stage, after the first 90 days it will be 10% and then 20%.”
According to the minister, “This fiscal relief measure is key to boosting the growth and financing of one of the most thriving industries in the country”.
“When construction works, the activities around it work, jobs are created, the economy moves and Argentina grows,” he added.
Source: Ambito
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