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The Government extends the moratorium until November 30

2020-10-29T10:56:48.103Z


It will be released on DNU in the next few days. Even with the extension, the first installment expires on the payment plan expires on December 16


Mary Church

10/29/2020 6:01 AM

  • Clarín.com

  • Economy

Updated 10/29/2020 7:38 AM

The government decided to extend for a month the term of adherence to the tax moratorium that

expired on October 31,

according to official sources.

The decision has already been made and will be made official in the coming days by means of a decree of necessity and urgency (DNU) that will be published in the Official Gazette.

The new deadline to adhere to the payment facilities plan will be November

30.

These are tax, customs and social security obligations expired as of July 31, according to the extended moratorium law approved at the end of August, although its regulation was the following month.

Since the adherence to the extension of the moratorium was enabled in mid-September, more than

320,000 plans

have been generated

, official sources detailed.

Taxpayers who entered the plan regularized debts for an amount greater than

$ 200,000 million, they

assured.

Regardless of when companies join, the first installment will expire on December 16, which was what was established in the law.

The extension of the adhesion term "aims to guarantee that taxpayers can carry out the various procedures and procedures that enable their acceptance of the debt regularization regime," the government said.

The extended moratorium is intended for

companies, merchants, professionals, monotributistas, freelancers, cooperatives and non-profit entities

.

It arose after a first payment plan defined in December 2019 that was restricted to certain taxpayers.

With the coronavirus pandemic, it was decided to make it more extensive to include other types of taxpayers and also so that the debts incurred in full quarantine could be added.

Those who enter must register on the AFIP website and can regularize their tax, customs and social security debts

in up to 120 installments.

According to the rule, the interest rate of the installment payment plan is 2% per month until January 2021, and then a variable rate will be applied that adjusts for the Badlar rate.

Companies and individuals that have a valid “Mipyme” certificate at the time of accession can access 120 installments to pay their tax and customs debts, or 60 installments when it comes to social security contributions.

The rest can enter their tax and customs debts in facility plans of up to 96 installments and the term for social security obligations reaches 48 months.

Some data to take into account is that

the large companies that decide to join cannot distribute dividends in the next 24 months,

carry out transactions with securities to avoid exchange regulations or access the exchange market to make payments to related entities.

Likewise, the legislation establishes an award for those who comply and, in the case of monotax, a remission of the tax component of six installments for categories A and B.

Meanwhile, for categories C and D it will be five;

in the E and F, four;

in G, three;

and in the I, J and K, of two.

In no case may the benefit limit exceed $ 17,500, there will be a 15% discount for those who pay in cash, and those who have financial assets abroad and do not repatriate at least 30% within 60 days will not be able to access. .

The expiration of the moratorium will be due to non-payment of three installments for large companies and six for micro, small and medium-sized companies.

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Source: clarin

All business articles on 2020-10-29

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