04/29/2021 9:00
Clarín.com
Economy
Updated 04/29/2021 9:00 AM
In a day with a new rise in the blue dollar, which this Wednesday climbed $ 1 and reached $ 162,
the Government denied
that the laundering for construction had an impact on the informal exchange market and was expectant to
"aspire" dollars
in almost immediately with the new measure launched.
"If you tell me that money laundering has an impact on blue, I think not, those who say that are speculating because the informal market is very small and there is no information," an official from the Ministry of Economy told a group of journalists.
"
We do not want them to sell pesos and bring dollars, but to bring the dollars,
" he said.
In the last hours, speculation arose about the possibility
that the jump of the blue
- already almost at the same level as the solidarity dollar ($ 163.20) -
was motivated
, among other factors,
by the laundering regime
and regulated tax incentives for construction in the last days.
The scheme provides for the payment of a tax for externalizing funds of 5% until May 10, 10% until June 9 and 20% until July 9.
And according to some tax experts,
those who go from pesos to the blue dollar to enter the system can save up to 40% of the tax.
This is due to the fact that when the dollars are deposited in a special account, they are taken at the official buyer exchange rate of Banco Nación, which on Wednesday was quoted at $ 93.24, and the tax rate is calculated on said official price.
A figure much lower than the value in pesos of the informal dollar.
Then, those dollars can be kept deposited in their original currency, in the case of foreign currency, sold in the Free Exchange Market or exchanged for pesos by buying bonds on the Stock Exchange, which is called the MEP dollar,
which is in $ 151.49.
From Economy they maintain that "
saving in pesos is very rare
, but the law provides for it because if someone had pesos to launder, we don't want to force them to buy blue dollars to bring in dollars."
And once the enrollee entered with pesos - they explain - he cannot convert it to the US currency.
In such a case, according to the authorities, there is a "profitability" scheme whereby the investor who brings pesos can buy short-term securities, such as a CER-adjusted bill or a rate of "35 or 36%" and then whenever he wants. invest,
only then do you settle it in dollars.
Guzman turns on the vacuum cleaner
According to the law promulgated on March 12, the declared funds must be used for development and investment in new real estate projects started as of that date or that by then have a progress of less than 50%.
Therefore,
it is not intended for the purchase of finished properties.
Unlike the laundering of 2016, whose mechanics involved first declaring the assets and then paying the aliquots and with a deadline to enter them from abroad, the authorities emphasize that the process is now "the other way around", since
it begins with the deposit of funds in a much shorter period of time.
If it is considered that the AFIP regulation was made official on Tuesday,
there are 10 business days to register until May 10,
when the lower tax rate expires.
The calendar reflects the
rush to raise dollars
even when it "attempts" against the objective of achieving extensive
money
laundering.
During these hours, the measure seeks to leverage investment in the real estate sector, increase collection and, above all, shore up the Central Bank's reserves, which closed at US $ 40,339 million on Wednesday, after increasing only US $ 7 million.
The Government needs to strengthen them to
face the next few months when the foreign exchange contributed by soybeans runs out.
"The objective is that all the dollars that are bought now or under the mattress enter the system and the first day to the reserves of the Central Bank", they assure from the portfolio headed by Martín Guzmán.
"
We are vacuuming and eventually they will be sold on the formal circuit
,
" they
add.
The idea is to
add between 1 and 2% of the total undeclared assets
that today are around US $ 200,000 million, according to official calculations.
This is equivalent to
between US $ 2,000 and 4,000 million,
although the Executive makes it clear that it is
"absolutely hypothetical"
and does not rule out a lower amount.
The obsession with dollars is at the heart of the regulation by establishing that
the funds may be invested in bricks until December 31, 2022
.
Until then, the bet is that they remain deposited in the banks.
NE
Look also
Laundering for construction: how is the "roller" with the blue dollar that allows you to pay up to 40% less
Officialized the benefits of laundering for construction: 15 keys
