As of today, Any taxpayer who does not have his legal domicile in Neuquén or Córdoba, that enters the money laundering launched by the Government, will be presented to the provincial collection agencies.
That is, if a person or company declares any assets during these days, You will likely then receive a notice to pay Gross Income of the district to which he/she is entitled for previous undeclared periods.
This is not the case of the two provinces that adhered to the regularization plan, which are the two mentioned above. And now, Misiones will join. to that select group. The government of that district has already activated its participation in the Large Investment Incentive Regime (RIGI) and is now going for the money laundering.
Problems with laundering in the Interior
21 districts, including the City of Buenos Aires, are still outside the asset externalization programwhose legislatures would have to pass a law to adhere to the national law and this seems unlikely to happen.
Thus, after correcting several drafting errors and deadlines, the plan that the government devised for people to declare hidden assets, preferably dollars in cash, has the main barrier in the voracity of the provincial treasuries.
One thing to keep in mind is that the The government has been losing between 7% and 8% of its revenue so far this year due to lower activity. Something that has been compensated with the increase of the PAIS Tax from 7.5% to 17.5% at the beginning of the year. But these funds are not shared and The provinces register an average drop in tax collection of 14%
In turn, the Nation almost completely eliminated non-automatic transfers. This implies that The provinces are not in a position to withstand the loss of income. Even the governors have been supporting the national adjustment with a real drop in spending of around 20% on average.
This implies that They have no major incentive to adhere to money laundering. On the contrary, they will try to go for what the Nation will be giving up collecting.
Mario Volman, professor of taxes at the UBAexplained to Scope that “Law 27,743 invites the provinces to adhere to national money laundering since this national law cannot legislate on matters of provincial taxes.”
“If a province does not adhere and a corporation XX that is dedicated to the sale of stationery launders US$50,000, The provincial treasury could accuse you of having had illegal sales and then ask you to pay the Gross Income Tax.”
Enter Missions
According to the missionary portal Economies The bill was sent to the Chamber of Deputies and will begin to be analyzed in the next few hours, “allows subjects who are tax residents in the country as of December 31, 2023 to join the money laundering process and non-resident individuals who had been tax residents in the country before that date,” the report says.
The missionary regime is divided into three stages, each of which includes the period for making the declaration of adhesion, the mandatory advance payment, the presentation of the sworn declaration, the payment of the special regularization tax and the applicable rate. However, with the possibility of income until April 30, 2025 inclusive, with the power of extension by the Provincial Executive Branch in the event that the validity of the National Regime is extended.
The case of Monotributo
During this weekend the Federal Public Revenue Administration (AFIP) issued a General Resolution which clarifies that the income from laundering cannot be used later to claim previous taxes, in the case of those who are attached to the Simplified Regime.
The money laundering law had the neglect of not mentioning the monotributo quotas. However, it does include Income Tax or VAT. So, now, those who enter to regularize will not be subject to claims from the AFIP for taxes not previously paid.
Source: Ambito
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