Whitewashing: accountants expect reopening of the first phase soon

There is an imprecise, but quite large, number of people who They deposited their money in the bank, but technically, they did not enter into launderingso now they have been exposed to the treasury, with certain possibilities of being harmed.

And, according to what accountants complain about, There are many who tried to do without the advice of professionals. They deposited the money, but did not complete the procedures.

The requirements to enter laundering: what is the adhesion like?

To enter the laundering It was required to complete the adhesion process, deposit the money and present the Affidavit. Many taxpayers did not complete these two steps and, then, it is as if they had not entered.

But, given the friendly predisposition that the Government authorities have shown towards taxpayers until now, by trying to reduce taxes and eliminate unnecessary procedures, It is expected that ARCA will allow these people to complete the procedure the second phase has already begun.

Legally it is possible. The text of the law that was approved together with the fiscal package states that, When closing the first stage, the cash had to be deposited in the banks, but it says nothing about the rest. Therefore, the organization led by Florencia Misrahi would have solid legal tools to grant this extension.

From the Professional Council of Economic Sciences of the City of Buenos Aires (CPCECBA) understands that “there will be news in the coming days.” Its president, Gabriela Russo, indicated to Scope that there were many people who “were poorly advised” regarding the necessary steps for money laundering.

In fact, Russo pointed out that in the ARCA web service of money laundering There is already an option that contemplates the presentation of the cash DDJJ during the second phase although the corresponding resolution is still missing.

The same would happen for the REIBP

Something similar would be happening with the Special Regime for the Entry of Personal Assets (REIBP), the scheme that the Government devised to strengthen money laundering and give security to those who entered that for five years they will not be affected by the rate of that tax.

The REIPB It also closed on October 31, but taxpayers were detected who did not complete all the procedures, Therefore, the benefit would fall and, in 2025, they would normally have to pay the tax determined for 2024.

It is worth remembering that people could include in the REIBP the assets declared as of December 31, 2023, and to add to those that were laundered.

In the first phase, some US$20 billion in cash were declared, and some US$3 billion in assets were declared, which include accounts abroad and registrable assets, such as homes and apartments.