Avoid problems with ARCA as soon as it begins its functions and take these precautions so that they do not investigate your account.
Starting in November the Customs Collection and Control Agency (ARCA) completely replaced the functions previously fulfilled by the Federal Public Revenue Administration (AFIP) after its dissolution as of decree 953/2024.
Continuing with previous activities, ARCA will record and investigate transfers between personal accounts that exceed a certain amount, in order to control the informal economy and correctly evaluate the declared income of taxpayers.
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iProfessional
How to prevent ARCA from investigating your transfers between bank accounts
To avoid getting into problems with the collecting entity, the ideal is that when making a transfer to your own account, you follow these tips:
- That the transfer is not greater than $400,000 for people without formal income and who are not justified
- That the transfer exceeds the limits established by the banks
- Prevent the funds in the source account from being unjustified
- Do not make transfers that are greater than $700,000 without being supported by declared income
- Do not avoid requests from banks or fintech to justify the origin of funds
What ARCA can ask for if it wants to investigate your account
In the event that some of these conditions are not met or any suspicious movement is made, ARCA could request some documents that can justify the funds. These are:
- The latest billings
- Proof of monotax (if applicable)
- Pay stubs or proof of retirement benefits
- Purchase and sale tickets
- Documents justifying the sale of shares or a company
- Certificate of funds issued by a public accountant
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
