Accreditations in virtual wallets may be reached by retentions of up to 5% for gross income. Not all users will be affected and there are exceptions defined by current regulations.
Virtual wallets began to apply in October A scheme of withholdings of up to 5% On money accreditations, within the framework of the Gross income tax. The measure does not reach all users equally: it depends on the inclusion in the official register and the type of activity developed.
How to check if the retention corresponds
The procedure to verify is fast and completely online.
- Access to the official website of the Arbitration Commission (www.ca.gob.ar/sircuit).
- Enter the CUIT number of the account holder.
- Check if it appears within the updated register of taxpayers achieved.
Since the register is modified month by month, it is convenient Repeat the query regularly. In case of accounts with more than one holder, if at least one appears included, the retention will be applied to all the deposits that enter.
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Situations in which retention does not correspond
Current regulations establish that certain taxpayers are out of the regime:
- Monotributistas registered in the Simplified gross income regime In the province of Buenos Aires.
- People who do exempt or not reached by this tax.
- Specific sectors such as Fuels, tobacco, lotteries, insurance or financial entities.
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Money movements that are not reached
Even those who appear in the register have exempted operations:
- Creditations for salaries, retirement, pensions, social plans, scholarships or the feed card.
- Transfers made between own accounts.
- Returns, either due to VAT reimbursements, promotions or canceled operations.
- Rescue of common investment funds or fixed deadline maturity.
- Export -related charges.
In short, not all operations carried out in virtual wallets will suffer withholdings: the application will depend on the updated register and the characteristics of each movement.
Source: Ambito
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