“We are going to increase the profit floor proposal, The Minister of Economy is finishing analyzing it Let’s see how it impacts the law and the zero deficit,” Francos said in an interview with the program “Si Pasa, Pasa”, hosted by Ignacio Ortelli on Radio Rivadavia.
Likewise, he added: “Surely, the floor will be between 1.2 and 2 million, and the scales will occur progressively.”
After the debates that arose about the possibility of retroactively collecting the tax during the months in which it was exempt from payment, Francos pointed out that The law will have an article that will establish that “it is not retroactive to the first quarter of the year.”
“The decree of the Minister of Economy, Sergio Massa, When it exempts income tax, it tells the withholding agents not to withhold the tax from workers in a dependency relationship and then the law was passed. When that happens, it is not taken into account that this is exempt starting in 2024, so the last quarter of 2023 was pending. This is what we are going to resolve,” the national official revealed.
Income Tax: the numbers of the governors
It is worth remembering that it was Caputo himself who assured that the floor “has to be reasonable” and that It will not be “$1,200,000.” In the first instance, the restitution of the fourth category (the moment is not totally defined), it could be located between the $1,500,000 and $2,000,000.
But some governors, after a meeting at Casa Rosada, would have specified that it could be directly between $1,600,000 and $1,800,000. In both cases this is a substantial difference with the first option that was considered by the Government, at the beginning of the year, and which was at 1.2 million pesos. Currently, the minimum profit floor covers 2,300,000 people.
Guillermo Francos: what he said about the Bases Law
For his part, he assured that everything is in place for the sanction of the Bases Law in the Chamber of Deputies and highlighted the agreements with the governors.
Furthermore, he stated that the support of the different forces for the project will be read as “a signal that will allow the flow of investments.”
With the intention of debating in committees the law ofand economic deregulation At the end of April, Francos confessed that the libertarian administration closely follows the positions of each of the legislators.
“We want to know exactly What will be the position of the different legislators on the law. The first law, which was more complex, generated some differences in some points, now we condense the most important issues. On these points, we have spoken with legislators and governors that there is important support,” he concluded.
Source: Ambito
