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Profits: what are the 7 modifications that will impact your pockets


The commission treatment would begin next week. The law seeks to raise the non-taxable minimum of the tax to $ 150,000. Blue dollar today: how much it is trading at this Wednesday, March 03

03/03/2021 7:29 AM

  • Clarí

  • Economy

Updated 03/03/2021 8:39 AM

The president of the Chamber of Deputies, Sergio Massa, received on Wednesday representatives of 25 unions of the CGT to review the proposed changes to the law that, among other aspects, seeks to raise the minimum non-taxable income tax to $ 150,000.

At that meeting, 7 modifications were agreed to the project that will begin to be discussed next week.

The president of the lower house committed to the proposals of the unionists and among

the changes agreed to the "tax relief law",

as they call it in the surroundings of Massa, the following stand out:

the exemptions to the payment of overtime earnings that exceed the stipulated working day


the supplementary annual salary

(Christmas bonus),

the unfavorable zone bonus

(also called "Patagonian plus",

the production bonus, daycare expenses, school expenses and partner deductions.

On Monday, President Alberto Fernández asked especially in his opening speech of the legislative sessions in Congress

 "speed" in the treatment of Earnings and Monotax


“I want to ask this honorable body to hasten the treatment of the law.

If we do so, more than 1,200,000 Argentines will be released from paying this tribute, "he said.

After the meeting with Massa, the CGT leaders assured that the project to raise the non-taxable minimum is a

"step forward" 

and urged legislators from different blocks to

"deepen the path

" to "reformulate the tax scheme that affects the purchasing power of workers ".

After meeting with the president of the Chamber of Deputies, Sergio Massa, the central said in a statement that the initiative is "a step forward" towards the organization's "maximum" objective, which is to "exclude this tax on wages, with the understanding that these are in no way 'earnings as intended by original law'.

"Even so, raising the minimum taxable floor and establishing an automatic update according to the Ripte will make it

possible to leave approximately 1,300,000 active and retired workers out of the tax," said

the CGT.

At the meeting, the leaders insisted that the project

"exclude salary items such as overtime, per diem, mobility, lunch, school expenses, unfavorable zone and Christmas bonus."

In addition to Massa, the trade unionists were received by the official representatives of union extraction Vanesa Siley and Walter Correa, who were joined by Carlos Heller, president of the Budget Committee.

Hector Daer and Carlos Acuña, the joint owners, and the union bosses Roberto Fernández (UTA), Gerardo Martínez (UOCRA), Víctor Santa María (Suterh);

Armando Cavalieri (Commerce) and Omar Maturano (La Fraternidad), among others.

The bill presented by Massa modifies article 30 to increase the special deduction

from which the tax is calculated so that workers who charge up to $ 150,000 gross do not pay this tax. "From our representativeness we believe that a reformulation of the tax scheme is necessary. affects the purchasing power of workers. This is a step in that direction and we urge all legislators to deepen this path that results in greater equity for all, "concluded the CGT.

In principle, no news emerged from the meeting regarding other demands raised by the labor movement such as

exemptions from the additional


for night hours


the amounts received for mandatory holidays


non-working days worked

, the bonus charged for performing arduous, dangerous or unhealthy jobs , expenses for mobility, lunch, family charges up to a certain salary percentage, and all compensation for the employment relationship.

“Currently, 25% of salaried workers pay income tax;

with this tax, that proportion will drop to 10%


It is an important step and we are going to support this project ”, emphasized Daer.


Source: clarin

All business articles on 2021-03-03

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