As established in the document, this law established that the deadline for joining the regime and submitting the DDJJ will be extended until April 30, 2025 and empowered the Executive Branch to extend said deadline until July 31, 2025, inclusive.
This regime is divided into three stages, contemplating the period to make the declaration of adhesion, the mandatory advance payment, the presentation of the DDJJ, the payment of the special regularization tax and the applicable rate. For this reason, the AFIP made the decision to adapt General Resolution 5528 and its modifications, in order to consider the provisions of Decree 864/2024 that changed the calendar for money laundering.
The provisions of this general resolution with the signature of Florencia Mirashi, will come into force on the day of their publication in the Official Gazette and will take effect fromOn October 1, 2024, inclusive.
The keys to money laundering: what is the new calendar and when can the money be withdrawn?
The Government made the decision to extend Phase 1 of the money laundering. In that sense, the deadline to deposit cash was extended until October 31, 2024. Originally, this expired on September 30, 2024.
Funds must be deposited in:
– CERA Account (Special Asset Regularization Account), if the money is in Argentina.
Bank account in a foreign financial institution, if the funds are outside the country.
As of November 1, 2024, it will no longer be possible to regularize cash.
– If I deposited money in a CERA account until 09/30/2024, when can I withdraw it?
The money deposited in a CERA account until 09/30/2024 It can be withdrawn from October 1, 2024.
However, if you make a full or partial withdrawal, you will no longer be able to deposit new funds into the CERA account.
For example, if you deposited US$50,000 in the CERA account during September 2024 and on 10/10/2024 you make a second deposit of US$20,000, but on 10/11/2024 you decide to withdraw US$10,000 of the initial US$50,000, from From that moment on you will no longer be able to make any more deposits into the CERA account. However, you will be able to withdraw the remaining USD 40,000 deposited in September until 10/31/2024. The USD 20,000 deposited in October can be withdrawn starting 11/1/2024.
– If I deposit money in a CERA account in October, when can I withdraw it?
Money deposited in a CERA account during October can be withdrawn starting November 1, 2024.
– Cash laundering up to US$100,000. Is the Bank going to retain 5%?
No, if you regularize an amount of up to USD 100,000, you will be able to withdraw it without the 5% withholding of the money laundering tax being applied.
– Cash laundering exceeding US$100,000. Is the Bank going to retain 5%?
Depends. If you regularize more than USD 100,000 and give the destination established by law and regulations until December 31, 2025, the 5% withholding of the money laundering tax will not be applied.
However, if you withdraw the money before that date, 5% tax will be applied to the amount withdrawn.
– Is the extension of the first stage of laundering only for cash?
No, the extension of the first stage of laundering applies to both cash and any other type of assets that can be regularized.
– How were the dates of the three stages of bleaching?
Source: Ambito
