While details are being finalized for the discussion of the “omnibus law” to begin in the chamber, the Government made the decision to send to Congress today the project to reimplement the Income Tax for workers. As Ámbito learned from official sources, the non-taxable minimum will reach gross salaries of more than $1,350,000.
This is a measure that seeks to shore up tax collection within the framework of the fiscal adjustment plan, but also an attempt to contain the governors’ demand to recover the co-participation that was lost when the elimination of the fourth category was voted last year. at the impulse of Sergio Massa.
Currently, after the sanction of that reform, the majority of workers and retirees and pensioners were exempt from paying profits. In addition, it was stipulated that only salaries that have incomes similar to the 15 minimum, vital and mobile salaries (SMVM) are covered by the withholding, which today is equivalent to around $2,300,000. Thus, the project that Javier Milei and Luis Caputo will send today will imply a considerable increase in the number of people reached by the tax.
In addition to lowering the Profit floor (which according to Economy calculations will return to the real level of last September), the Government will seek to apply quarterly updates to the non-taxable minimum, taking into account the inflation values shown by the CPI. Likewise, it will authorize the delegation of powers to the Executive Branch to update the amounts of the scales.
Source: Ambito
