The national government announced the final version of the fiscal package that it sent to Congress along with the new omnibus law, and included money laundering through which assets abroad can be regularized without penalties and with a 0% rate.
The national government released the final version of the tax package which he sent to Congress along with the new omnibus law, and included a money laundering by which assets abroad can be regularized without penalties and with a 0% rate.
The project establishes that they can be externalized with a 0% rate up to US$100,000. However, the Minister of Economy, Luis Caputo, added that “it is a zero rate for amounts greater than 100 thousand dollars, as long as you enter it into the Argentine financial system and do not withdraw it until 12/31/25. or allocate it to certain types of investments to be defined by the executive branch.
The stages of money laundering
The whitewashing will consist of three stages. The first will run from the day following the entry into force of the respective regulations issued by the Federal Public Revenue Administration (AFIP) and until September 30, 2024, inclusive.
The second stage will go from October 1 to December 31, 2024 and the third from January 1, 2025 to March 31 of that same year. Within these periods, the declaration of adhesion must be made and a mandatory advance payment must be made, if applicable.
Regardless of which stage they enter, those who launder assets for a total value equal to or less than $100,000 will not have to pay a fixed tax or penalty rate, so they will not have any surcharge.
pesos taxes investments salaries.jpg
Depositphotos
On the other hand, those who launder assets worth more than $100,000 must pay different penalties, depending on the stage in which they enter. If they enter the first part of the laundering, they will have to pay a 5% fee on the surplus US dollars. This means that, if they launder, for example, assets worth US$200,000, they will have to pay a penalty of US$5,000 (5% of US$100,000).
In stage 2, the penalty rate will be 10% – also on the excess of USD 100,000 – and in the third, it will be 15%.
DEVELOPING.-
Source: Ambito
