The leader of the Patria Grande Front announced: "I'm going to visit the prison." The bill proposed by the national executive branch introduces amendments to the Tax Criminal Regime (Law 24.769), to Tax Procedures (Law 11.683) and to the National Civil and Commercial Code; as well as a Simplified Affidavit Regime. The initiative creates a "Simplified Income Tax Regime", under which, according to the Government, taxpayers who adhere will be "shielded forever", reported the Argentine News Agency. This regime, which has a wealth cap of up to 10 billion pesos to join, guarantees that taxpayers will not have to report on asset variations, and their spending will not be monitored. This means that ARCA will only charge the Income Tax on the income they have invoiced, regardless of any potential asset growth (which will not be monitored), and from that base, consumption will be deducted. Article 39 of the project "establishes the liberating effect of payment, if the content of the affidavit proposed by ARCA is accepted and payment is made on time; except that income has been omitted." the "Fiscal Innocence" project increases the amounts for which a person is considered to have committed the crime of simple evasion, raising the threshold from $1,500,000 to $100,000,000. Meanwhile, for the conduct under investigation to be considered "aggravated evasion", the threshold must exceed 1 billion pesos (no longer 15 million). On the other hand, the statute of limitations for tax obligations is reduced from five to three years. ARCA will not initiate criminal proceedings as long as the debts and their respective interests are paid, although this benefit will only apply once per taxpayer. If the complaint has not yet been filed, it will be extinguished if the taxpayer pays off those obligations by paying an additional 50% within 30 business days of being notified of the charge. While the project aims to relax fiscal controls, the amounts of economic sanctions for filing affidavits late will increase. "This is a law to launder money for drug traffickers, tax evaders and criminals," protested national deputy of the Left Front Myriam Bregman. In turn, deputy of the Union for the Patria Juan Grabois agreed that it is a law for drug trafficking and pointed against the libertarian Lorena Villaverde, accused of ties with the drug trade. Buenos Aires, December 18 (NA) – After more than 14 hours of session, the Chamber of Deputies, with the impulse of the national Government, approved today with half sanction the bill of Fiscal Innocence Principle, which allows to enter the system the goods that are not declared in the formal economy. The initiative that seeks to inject "the dollars of the mattress" into the economy was approved with 130 affirmative votes, while it harvested 107 negatives and two abstentions. At the instance of a motion by the deputy of La Libertad Avanza Silvana Giudici, the vote was made immediately without a list of speakers given the length that the debate of the 2026 Budget project had had. "This is the law that (José Luis) Espert left us."
