The government of Santa Fe announced that he will charge them a 2% aliquot to whom launder more than US$100 thousandwith the objective of generating funds to be invested in tax benefits for those who did pay taxes.
From the province governed by Maximiliano Pullaro indicated that, as occurred with the Money Laundering law promoted by the Nation, The district will grant tax forgiveness and will not charge those who enter for amounts less than 100 thousand dollars.
Complying is not the same as not complying
In this regard, the local Minister of Economy, Pablo Olivaresindicated that “In Santa Fe, compliance is not the same as non-compliance.”
In Santa Fe they argue that adhering to provincial money laundering will mean legal security for those who launder at the national level, since the National tax cap that is achieved with adhering to money laundering at the national level, Added to the adhesion at the provincial level, it generates a provincial fiscal plug, since neither the Nation nor the province will demand five years of taxes owed.
At the same time, the Pullaro administration will apply a reward to those who did comply. On this point, Minister Olivares pointed out that while the Nation “It is going to pardon national taxes for those who adhere to this money laundering, what happens is that all the provincial treasuries can remain on the lookout for those who adhered to the money laundering to collect taxes for the last five years.”
“The true heroes are those who have always fulfilled their tax obligations,” he added. At the same time, he indicated that in Santa Fe, contrary to the national government, “We do not want to be an obstacle to this national policy, but neither do we want accession at the provincial level to be under any conditions.”
In that sense, the official highlighted some principles to grant provincial tax forgiveness: pMainly that it is subordinated to the security policy, that is, “confirm that those who join do not have any type of link with illegal economies or linked to any type of money laundering.”
Along with the presentation of the Tax Law 2025, the province of Santa Fe adhered to the Incentive Regime for Large Investments (RIGI) and National Law No. 27,743 called “Laundering Law”.
Balance
Olivares emphasized that the measure seeks a fair balance, because for this reason the provincial government determined that those who launder assets for more than US$100,000 must pay 2% of the amounts in excess of said sum.
And he clarified that this 2% paid (surplus of the U$100,000) can be taken into account for taxes on future gross income, “That is, what they are going to be doing is an advance payment of the taxes that they are going to have to pay in the future,” the minister mentioned.
In addition, the person in charge of the provincial economic portfolio highlighted that what is collected will not remain in the provincial funds, but will be assigned to those who complied through an incentive and a prize for good compliance.
Source: Ambito
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