The Limited Times

Now you can see non-English news...

Omnibus law: the Government maintains the moratorium but the money laundering of the new project decreases

2024-03-24T00:13:34.157Z

Highlights: Omnibus law: the Government maintains the moratorium but the money laundering of the new project decreases. The initiative will begin after Easter, as announced by the ruling party. It is expected that the commission treatment will begin in mid-April. The Government's intention is to make an announcement next week presenting the new version of the omnibus law that has 269 articles, plus this fiscal text with another 119 articles. The project will be sent to Congress after April 3 and from that date, the president of the Chamber of Deputies, Martín Menem, will begin to define the treatment schedule.


The initiative will begin after Easter, as announced by the ruling party. It is expected that the commission treatment will begin in mid-April.


In the midst of the negotiations it is carrying out with the governors, the Government decided to remove a chapter related to money laundering from the new version of the Base Law, but maintained the articles related to the tax moratorium.

Strictly speaking, it is the

Law of Palliative and Relevant Fiscal Measures

, which is a complementary text to the omnibus law and which also contemplates the restitution of the Income Tax and proposes modifications on Personal Assets, among other measures promoted by Javier Milei. within the framework of the process of deregulation of the economy.

As confirmed by sources from the Government and the ruling party itself, there is a decision by the President and his economic team to cancel title II, Asset Regularization Regime, which has to do with money laundering, which in principle was going to

be extend until December 31, 2024, with the possibility of extending it for one more year

.

The truth is that the ruling party does not have the numbers to move forward with a money laundering, at least that was revealed in the discussion of the first version of the omnibus law, since both the UCR and Hacemos Coalión Federal questioned the tax forgiveness.

In addition,

the governors sought to make part of what was collected shareable

, since taxes included must be shared with the provinces.

Video

From April onwards, the adjustment will be for inflation.

However, the Government ratified the

Regime for Exceptional Regularization of Tax, Customs and Social Security Obligations

, which has to do with the moratorium.

Basically it is the text of the initial version with some changes such as the cut-off date.

The text that circulated this week indicates that taxpayers and those responsible for tax and customs obligations and social security resources whose application, perception and supervision are in charge of the Federal Administration of Public Revenues (AFIP), They may be eligible for obligations due on February 29, 2024, inclusive.

According to the regulations proposed by the Executive, they may register from the date of entry into force of the regulations issued by the AFIP and up to 150 calendar days.

According to what was anticipated by government sources, the Government's intention is to make an announcement next week presenting

the new version of the omnibus law that has 269 articles, plus this fiscal text with another 119 articles

.

The project will be sent to Congress after April 3 and from that date, the president of the Chamber of Deputies,

Martín Menem

, will begin to define the treatment schedule in committee together with the allied blocs.

Source: clarin

All news articles on 2024-03-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.