Profits: Caputo meets with accountants about the mattress dollars and they ask to postpone the payment of the tax to August

The Minister of Economy Luis Caputo will receive a group of accountants this Friday to discuss the implementation of a new version of the Tax Innocence Lawwhich the ruling party pushes in Congress. The peculiarity is that this norm includes decisive changes in profitsfair just a few days before taxpayers must submit their annual tax returns.

The proximity of the key dates against ARCA motivated a request from accounting professionals to the treasury and to the Treasury Palace itself to to enable an extension of the deadline for filing declarations, which is scheduled from the July 27, something that at the moment is not in the official plansas far as he could know Clarion.

Among tax advisors, they believe that there are Income taxpayers who could wait to have some greater certainty about whether the Tax Innocence Law version 2 will have more benefits for those who adhere to the simplified earnings regimeamong them the flexibility of income limits to be able to join.

This new Earnings modality is one of the central modifications that the mattress dollar rule made. The main change is that ARCA will use information it has about each person and It will inform you what amount of tax you have to pay.

The taxpayer can accept the calculation determined by the treasury or appeal it, if he considers it. Furthermore, the need to justify personal consumption or personal assets disappears.but focuses on income and deductions.

But the number of people who joined was lower than expected in these months that the law is in force.. According to official sources, they did 320,000 people, of which 170,115 submitted their sworn statements. The accountants recommended that the Government update some elements of the law to make it more attractive. Among them, which taxpayers are authorized to enter or not.

At the beginning of June, after a meeting with tax advisors, Luis Caputo announced that he would send a new version of the Tax Innocence Law to be debated in Congress. For this reason, it decided to extend the Earnings presentation that was due at the end of June to July 27. This error caused collection to fall more than expected that month, which impacted the fiscal result, which was in deficit.

A month and a half later, that project did not begin to be discussed and the key dates for tax presentations are approaching.

For this reason, this afternoon there will be a new meeting between the Minister of Economy and a group of accountants. Among other points, at that time the Treasury took note of the request to make the control of inconsistencies in declarations more flexible. If ARCA detects a difference greater than 15% between the tax paid and what was due, or if it exceeds $100 million, it can investigate it and exclude it from the regime.

Congress passed the Tax Innocence Law on December 27, 2025, and it went into effect in early February. In recent days, given the proximity of the dates for submitting the sworn declaration of Profits, accountants They asked for another extension of that expiration.

“The project offers the possibility not only of covering a larger universe of taxpayers by eliminating income and assets limits, but also by specifying issues that surely could have a negative impact according to current regulations“, he presented to ARCA and Economía a formal request from the Argentine Federation of Graduates in Economic Sciences.

“We request that It is necessary to specify whether the reform project continues to be the intention of your administration to implement it for the fiscal period 2025 and, if so, proceed with the requested extension. or arbitrate the means so that taxpayers can join and enjoy the benefits of which there is a universe that is excluded for the reasons set out in the previous paragraphs,” the accountants stated.

Sebastián Domínguez, CEO of SDC Asesores Tributarios, warned that the scenario is still conditioned by the lack of legislative treatment of the reform project. “The ideal is an extension, but between the ideal and the viable there is a difference. The issue is that the collection of the Income Tax not only affects the national State, but also the provinces because it is a co-participatory tax,” he explained.

One of the main changes of the new version of the Tax Innocence law is that there would no longer be limits on the amount to enter the regime. The proposal expands the scope to the majority of taxpayers and eliminates the income and assets caps -of $1 billion and $10 billionrespectively- that today condition access.

In this way, the central criterion would cease to be the economic dimension of the taxpayer and would become their tax residence, a condition that must be maintained throughout the year reached by the simplified regime.

In addition, the project foresees a deadline that would be extended until December 31, 2027 for the externalization of funds. During this period, those who incorporate money that has not been declared may do so without facing consequences for previous periods and without this externalization being used as evidence against them.

By Editor

One thought on “Profits: Caputo meets with accountants about the mattress dollars and they ask to postpone the payment of the tax to August”

Leave a Reply