Money laundering: there are deadlines that have not changed despite the extension, what are they?

Taxpayers who already have taken the option of laundering assets and accounts, and who have also joined the Special Regime for Access to Personal Property (REIBP), They will have to take into account that, for assets that were always declared to the AFIP, the expiration it is still September 30th.

This is provided for in the new regulations following the announcement made by the Government on Wednesday to postpone the deadlines for three stages of the externalization program for one month.

In principle, the first of the stages that now ends on October 31, it is designed for cash dollars, but there are also people who have declared assets and accounts, which are subject to the payment of the Personal Property Tax.

How Gross Income is applied to laundered assets

The whitening allows them to include laundered assets in the REIBP, and thus pay the tax in advance for the next five years. The plan calls for paying 75% of the declared tax. In the case of assets that have always been reported to the Federal Public Revenue Administration (AFIP), the due date will be September 30. Only the assets that are laundered will be transferred by October 31.

This was clarified to Scope the teacher of the UBA and tax official Mario Volman. “The REIBP balance of the assets that were declared still expires on September 30, which is stated in AFIP Resolution 5544. This is important because people do not know when it expires,” he explained.

The tax expert He indicated that “the REIBP balance for declared assets expires on September 30 according to article 8 of General Resolution 5545” while “75% of the REIBP for declared assets (in the money laundering) is postponed to October 30, in accordance with article 28, paragraph b of Decree 608 modified by decree 773.”

Other deadlines must be extended

In that sense, the CEO of SDC Tax Advisors, Sebastian Dominguez, He pointed out that “the The Government should also extend the deadline for the REIBP Affidavit until the end of October of the declared assets and payment of the remaining balance.”

He points out that, “Between August and September, many payment obligations accumulated by taxpayers, such as Income and Personal Property 2023, 75% of the REIBP of declared assets and VAT and monthly Gross Income, among others.”

However, he believes that “This extension is appropriate and should have been announced earlier.”

“The delay in regulation and situations that are still unclear and contribute to the fact that there are taxpayers who do not decide to enter, since the money laundering is an opportunity to erase the tax.he indicated.

“Likewise, among other issues, it is important to highlight that Cash laundering is very successful and could even exceed the cash deposits made in the money laundering scheme of Mauricio Macri’s government,” he estimated.