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Monotax: the AFIP implemented the exemption from paying the check tax

2021-07-26T11:00:27.524Z

The benefit will automatically reach all checking accounts owned by small taxpayers. Soledad Navarro 07/26/2021 7:46 AM Clarín.com Economy Updated 07/26/2021 7:46 AM The Federal Administration of Public Revenues (AFIP) implemented the exemption from paying the tax on credits and debits for monotax holders who use checking accounts. The benefit will automatically reach all current accounts owned by small taxpayers who will stop paying the special rate of 0.25%. The measure is p



Soledad Navarro

07/26/2021 7:46 AM

  • Clarín.com

  • Economy

Updated 07/26/2021 7:46 AM

The Federal Administration of Public Revenues (AFIP) implemented the exemption from paying the tax on credits and debits for monotax holders who use checking accounts.

The benefit will automatically reach all current accounts

owned by small taxpayers who will stop paying the special rate of 0.25%.

The measure is part of a set of instruments

provided for in Decree 301/2021

aimed at equalizing the tax treatment between bank accounts and virtual wallets that are already exempt from paying the tax on debits and credits.

At the beginning of May 2021, through

Decree 301/2021 debits and credits in the current accounts of holders who are attached to the Monotax

(Simplified Regime for Small Taxpayers) and registered in the Registry provided by the General Resolution (AFIP)

were exempted.

) 3900.

"The problem to date was that the text of General Resolution (AFIP) 3900

had not been modified to contemplate the inscription of current accounts in the Registry

", affirm from SDC Asesores Tributarios.

Now, through General Resolution (AFIP) 5031, General Resolution (AFIP) 3900 is modified and

the possibility of carrying out the registration process of the CBU is contemplated in order to benefit from the exemption.

General Resolution No. 5031/2021 and Circular 3/2021 benefit all small taxpayers who already operate with checking accounts

.

Likewise, the regulatory adaptation also specifies the procedure so that

monotributistas who open new checking accounts

as well as those new small taxpayers who use this type of accounts

can access the exemption

.

In this way,

the exemption from the tax on debits and credits covers all bank accounts

owned by monotributistas that are registered in the Registry of Tax Benefits in the Tax on Credits and Debits in Bank Accounts and other Operative Accounts. .

As part of the modifications introduced by Decree 301/2021,

the AFIP also modified a set of regulations to facilitate the incorporation of payment service providers

as responsible for the settlement and collection of tax on credits and debits and other operations.

To ensure that payment service provider firms and their users maintain the exemption provided for in Decree 301/2021,

the deadline for fintech companies to complete their registration

in the Tax Benefits Registry

was extended until September 30, 2021.

on Credits and Debits in Bank Accounts and other Operations.

The extension is intended to guarantee the normal normal development of operations through virtual payment systems.

How to exempt yourself from check tax


To carry out the process, monotaxers must first verify compliance with the following requirements:

  • Possess CUIT with administrative status "Active. No Limitations".

  • Have constituted the Electronic Tax Domicile.

  • Have the tax address declared and updated, as well as the address of the premises and / or establishments.

  • Have biometric data registered and accepted.

  • Have submitted the expired affidavits of the taxes or regimes whose control is in charge of the AFIP, corresponding to the non-prescribed periods.

  • Do not register breaches of other regulations in force.

"These requirements will be controlled by the AFIP in the moment in which the inscription of the CBU in the Registry is requested and if any breach is detected, the procedure will be rejected", they highlight from SDC Asesores Tributarios.

Enrollment is done through the Service "Tax Benefits Registry s / Credits and Debits" which is accessed with a tax code.

Record

Then the service is entered and the taxpayer is selected

SN


Source: clarin

All business articles on 2021-07-26

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