In the next few hours, the bill for the capital outsourcingto which natural persons and companies with a initial rate of 2.5% until 31 March.
The initiative intends to offer taxpayers the possibility of open your undeclared assets overseas prior to the entry into force of the Tax Information Exchange Agreement with the United States.
However, its entry into force and the deadlines set by the law depend on the legislative times and on its possible discussion in extraordinary sessions.
According to the project that came to light, they would be able to do it access to natural persons, undivided assets and companies, who may declare possession of domestic and/or foreign currency in the State and/or abroad, financial assets, real estate, movable property and other assets in the State and/or abroad (including credits).
money laundry
Although it depends on when the law is enacted, The official initiative provides for an initial rate of 2.5% from entry into force until 31 March.
From April 1 to June 30 it would be 5% and from July 1 to September 30, 2023 it would be 7.5%. These rates will be doubled when the goods are not repatriated. It should be noted that both income and the payment of the rates takes place at the official exchange rate.
On the other hand, it is proposed simplified regime with a special rate of 1.5% applicable to subjects who outsource the possession of national currency and/or abroad and the amount does not exceed 35% of the average annual income of the last 3 tax periods and with a maximum limit of USD 50 thousand.
Also, they stay Only taxpayers covered by the Solidarity Contribution are excluded from the Simplified Regime.
The bill establishes it those involved in money laundering are exempt from any civil, commercial, tax criminal, currency criminal, customs and administrative criminal offense which could correspond to the declared goods.
Taxes to be declared
In turn, they are released from the following taxes they had failed to declare: Profits, Internal and Added Value, on Personal Assets and extraordinary contribution of cooperatives.
Those who are public officials from 1 January 2010 and in accordance with the law will not be able to enter. Nor can they make them spouses, cohabitants, parents and children.
The text also adds the figure of the “Contributor” which will be any person who allows AFIP detection and/or location of both undeclared goods, at home and abroad, as well as maneuvers which have as their object some of the typical crimes of this Criminal Tax Regime.
This collaborator may receive a reward of up to 20% of the total amount actually raised and will enjoy the protection and confidentiality of his identity and his family or business environment.
