Officials of the Federal Public Revenue Administration (AFIP) They are already working to issue the corresponding general resolutions in the near future that will make the different points of the fiscal package operational.
By publishing the new laws in the Official Gazette this Monday, The Executive Branch has already promulgated both that rule and the Bases law. And once that step has been completed, the body in charge of Florence Misrahi has to publish its regulations.
Accountants and professionals have weeks of hard work ahead of them as the deadlines set out in the legislation, such as the money laundering and the moratorium, begin to run.
How the law came into force andOn July 8, the AFIP will have 15 days to open registration for the payment plan with debt forgivenessThe moratorium is expected, above all, by many SMEs that have been postponing payments or entering into short-term payment plans, in a year in which turnover has been plummeting.
The AFIP also has to implement the Income Tax restored, for salaries from $1.49 million in pocket per month, the new scales of flat tax and the new scales for the self-employed.
What are the deadlines for entering the moratorium?
The law establishes that within the first 30 consecutive days From the date of entry into force of the AFIP regulations there will be forgiveness ofl 70% of compensatory and punitive interest paying the debt in cash or with a three-installment plan.
From the 31 consecutive days and up to 60 From the date of entry into force, the fee is waived 60% of the interest accrued compensatory and punitive damages, also paying in cash or in three installments. DFrom 61 calendar days to 90, 50% of the interest will be forgiven.also paying in cash or in three installments. After 91 days, the forgiveness is 20%
If the taxpayer wants to make use of longer terms, When it comes to human beings, they must pay 20% of the debt and up to 60 monthly installments with the Banco Nación discount rate.
SMEs and non-profit entities must pay 15% in advance and up to 84 installments Medium-sized companies will have to pay 20% and can pay the rest in 48 installments. Large companies will have to pay 25% and up to 36 installments.
Money laundering with an error in the published law
According to the tax specialist Sebastian Dominguez, the text that appeared published in the Official Gazette would have a typing error which would have to be resolved by an errata.
It’s about a mechanism provided for in the money laundering process that allows taxpayers to pay less, when using the own cash declared to pay. According to the head of SDC Tax Advisors, the system It had been extended to the Special Regime for Income from Personal Property (REIBP) but it did not appear in the version published in the Official Gazette.
In the case of money laundering, if the person declares US$100,000 in cash and does not want to leave the capital immobilized until December 31, 2025, they can pay the 5% tax using that same money in their declaration. But instead of paying US$5,000, it will be calculated on US$95,000 and then you will have to pay US$4,750.
In the Senate it was planned to include this system by the time It is decided to pay the tax assessed by the RIEB (when the person pays taxes in advance for 5 years) with laundered money.
“In the approved text It was considered that the REIBP tax can be paid with laundered cash and that the Banks, in such cases, should not retain the special tax on money laundering,” says Domínguez.
The accountant notes that “However, in the text of section (i) of the fourth paragraph of article 31 of the Law this possibility is omitted.”
“We understand that this was a typing or transcription error in the approved text and must be corrected by means of an Errata in order to allow the REIBP tax to be paid and that the Banks do not apply the withholding of the money laundering tax in these cases,” says the professional.
Source: Ambito
