The time that the parliamentary treatment of the fiscal package will require makes it necessary to postpone the deadlines for the presentation of the DDJJ of Income and Personal Assets for the year 2023.
It was foreseeable that, as the days passed without the approval of the fiscal package being finalized, the entities professionals were going to request the reformulation of the next expirations of Earnings and Personal Assets for individuals and undivided estates, since the possible changes affect the settlement of the 2023 fiscal period.
In fact, the Argentine Federation of Graduates in Economic Sciences (FAGCE), which brings together graduate schools from all over the country, has just sent a note to the Undersecretary of Public Revenue, Claudia Balestriniand the federal administrator of Public Revenue, Florence Misrahi, highlighting the difference that can be verified in the determination and settlement of the Personal Property Tax if the Bill on Palliative and Relevant Fiscal Measures is approved.
Along these lines, it stands out that said project provides in its art. 64 a significant reduction in the applicable rates for determining the aforementioned tax for the period 2023 and from its art. 46 a special regime for advance payment of the same tax corresponding to the years 2023 to 2027, both inclusive.
Therefore, by involving the fiscal year that will soon expire, the entity emphasizes that There is a marked “uncertainty” among taxpayers about the decision to be made, as we are just a few days away from the deadline set for *repatriation*, since it would lose its attractiveness of reducing the tax cost if the aforementioned project presented by the same Executive Branch of the Nation”.
It should be remembered that the deadline for the repatriation of assets from abroad is scheduled, after its extension, for 4/30/24 and the expiration of the sworn declarations between 6/11 and 6/14/24.
Likewise, the letter signed by the president, Gabriela Farizano, and the Secretary, Ruben Veiga, They argue that the time that the parliamentary treatment will require and then the regulatory and complementary norms, make it necessary to postpone the expirations of both the “repatriation” period, in case that one is not approved, and the one for submitting the DDJJ and payment of taxes to Profits and Personal Assets in 2023.
Consequently, they request that the authorities dictate or promote the issuance of the necessary measures to materialize the aforementioned extensions and “bring certainty and legal security to taxpayers who must make a decision based on them.”
Source: Ambito
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