Monotributo tech: what the government project is about
The initiative is one of the axes of the Government’s economic guidelines, promoted by the Minister Sergio Massa. The project that will be discussed starting this Thursday in Congress will allow billing and disposal without the need to settle before the exchange market up to US$30,000 a year for monotributistas.
This new figure, called “monotributo tech”, is a simplified tax payment regime that will cover a range of professionals linked to the knowledge economy and technological development. It is part of the Executive’s commitment to promote new work modalities based on the tech and software industry, among other categories.
The monotribute techofficial sources explained, is compatible with the General Regime (VAT, Earnings and Self-Employed), Simplified Regime (Monotributo) and Employees in a dependency relationshipprovided that the registration in these, since the “tech” activity is considered apart from the “conventional” ones.
For whom it is whether they are monotributistas and invoice locallyin addition to the amount that they must pay for that category of the monotax, they must pay for monotech only the tax component that corresponds to the highest categories.
Who benefits from the monotributo tech
Although the area of programming and design are the preponderant mpas within the software industry category, the project will also target gamers, that is, to people who participate in e-sports competitions at a professional level and who receive remuneration for that activity. h
It is about giving a response to the claims and demands that a sector of Argentine taxpayers who work abroad have been demanding for a long time. In such a case, they would have less difficulty collecting their fees in foreign currency.
The debate in Congress will raise expand the range of activities achieved by the monotribute tech. It could contemplate professionals who are not directly related to technology, such as artists or scriptwriters who have clients abroad or other activities that use technological means as support.
Currently, strictly speaking, there is a scheme by which professionals can dispose of the dollars they earn without having to settle them in the Single Free Exchange Market (MULC), a general obligation for exporters. It is capped at $12,000 per year. The new mono tech system that the Ministry of Economy will send to Congress expands it to 30,000.
Monotributo tech: the scales and categories of taxpayers
The bill for the new simplified tax regime scheme for service exporters, which will be debated in extraordinary sessions, would have three categories.
According to the information circulating through the halls of Congress, the categories or scales will be:
- Category 1: will include those taxpayers who export up to US$10,000 per year, that is, an average of US$833 per month, equivalent to US$295,000 at the MEP dollar price updated on Wednesday, January 25.
- Category 2: it will be for those who invoice up to US$20,000 per year, that is, an average of US$1,666 per month. In pesos at MEP value it would mean around $590,000.
- Category 3: will be the highest, enabled up to an annual billing of US$30,000, that is, US$2,500 per month or $885,000 at the MEP price.
Amounts to pay for monotributo tech
The initiative indicates that the three scales or categories will have to pay a unified amount that will include income tax, social work and retirement contributions, as it works for single taxpayers for domestic billing.
In this case, for the tech monotribute there will be three amounts to pay according to the category in which the taxpayer is registered:
- Category 1: up to $10,000 per year, you will have to pay the equivalent of scale D of the traditional monotribute, which since January pays $9,245 per month.
- Category 2: up to $20,000 per year, you must pay the amount of those registered to F, which after the last update became $15,712 per month.
- Category 3: up to $30,000, they will pay the equivalent of the H scale, which according to the AFIP is $31,347.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
