The extension, which ends this Thursday, October 31, was due to the extension of the money laundering. What should taxpayers do?
The regime offers property tax stability until 2038 and exemption from complying with the usual personal property tax obligations, such as advances and sworn declarations, during its validity.
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The ex General Administration of Public Revenues (AFIP) – now ARCA- days ago extended the deadline to complete the adhesion to the Special Regime for the Entry of Personal Assets (REIBP) of the declared assets and advance paymentwhich expires this Thursday, October 31.
The extension responds to a request from the Ministry of Economy, headed by Luis Caputo, in line with the extension of the period to enter the money launderingwhich was arranged “with the purpose of enabling the adhesion of a greater number of interested subjects.”
Given this, it was determined to extend the period allowed to express the option of joining the REIBP and comply with subsequent obligations, which consist of the initial payment, the presentation of the sworn declaration and the payment of the resulting balance.
In this sense, the official text explained that “as a basis for said measure, it was argued that a significant number of taxpayers have expressed, up to and including September 30, 2024, the option of joining the REIBP for assets not regularized under the Regime of Regularization of Assets of Title II of Law No. 27,743, but has not been able, to that date, for reasons of a different nature, to complete said procedure in its entirety.”
In this way, the measure allows those who joined the REIBP until September 30, but on that date could not complete said process, to do so until Thursday, October 31.
At the same time, it will be accepted that those who chose until 9/30/24 to submit their Personal Property Tax declaration and now want to join the REIBP, may have the possibility of rectifying it, being able to access the regime and make the advance payment until on October 28, while to pay the balance and submit the Affidavit there will be time until October 31.
Meanwhile, those who opted for the REIBP on 09/30/2024 and did not comply with all or some obligations will be able to make the advance payment until October 28 of this year and pay the balance and submit the Affidavit until October 31 .
The regime offers property tax stability until 2038 and exemption from complying with the usual personal property tax obligations, such as advances and sworn declarations, during its validity.
Furthermore, capital increases while this scheme is in effect do not generate additional tax when entering personal assets, except in specific cases such as donations or gifts.
Source: Ambito
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