Apart from that data, the consulting firm 1816 makes some projections, while it is based on the premise that the capital externalization operation was not launched with the objective of collecting taxes but rather to gather more dollars.
The report states that in the document which was agreed with the Washington-based organization It is estimated that the collection of the special tax would be 0.3% of GDP, which indicates that the government expects declarations for more than US$40,000 million, taking into account that Amounts less than US$100,000 do not pay taxnor those who exceed that figure and have the money in a special account until December 31, 2025.
“If we had to do a number: 50,000 people laundering $100,000 would be $5 billion that would not be paying the tax,” says the 1816 report. In this regard, the consultancy firm believes that “it is very difficult to propose alternative figures” to those of the government because it is considered that there is “a lot of stock.”
“The Argentine assets outside the financial system total US$400,000 millions taking data from INDEC and from that we calculate that they are US$200,000 million in the country in cash”the report states, which highlights that it is an amount 70% higher than that at the time of the previous money laundering by Mauricio Macri’s government.
It is also considered that The conditions for joining “are very attractive”, since alternatives are practically offered so that the tax is not paid, and if it is paid the amount is low, especially when compared to Macri’s which was 10%.
Now, what is still What the externalization program has against it is everything that happened after the 2016 operation. Fiscal stability was promised, and within a few months those who had entered the country were subject to an increase in the personal property tax rates. The highest rate, for assets abroad, had been set at 2.25%.
In short, in The market is expected to bring in up to US$5 billion who will be noticed. Those who leave their money in special accounts, They will have the opportunity to make investments in mutual funds and public bonds.
Ministry of Economy
Ignacio Petunchi
On the other hand, it is expected that could add another US$1.5 billion to the reserves, through reserves on foreign currency accountsTo this, Caputo is adding some US$2.8 billion in financing, which he has already told the main market players that he has secured.
With the money laundering underway, taxpayers began to ask their tax advisors questions. Analysts agree that there is aThere are two kinds of people who might be more interested the plan provided by the Government: lThose who have undeclared accounts in the United States and freelancers whowho work abroad and leave dollars outside the country in accounts that they have not officially declared until now. A significant number of the queries are for undeclared dollars for less than US$100,000.
Source: Ambito
