Buenos Aires, January 16 (NA) -- The Argentine Federation of Professional Councils of Economic Sciences (FACPCE) submitted technical contributions and queries to the Tax Collection and Customs Control Agency (ARCA) regarding the regulation of the new "Tax Innocence" regime, particularly concerning the simplified modality for individuals. According to the Argentine News Agency (NA), in the technical document, signed by FACPCE President José Simonella and the entity's Secretary Patricia Sánchez Ruíz, clarifications were requested on the following aspects of the regulation:
• Taxable periods: clarification is sought on which years must be considered to verify compliance with the thresholds. • Asset valuation: criteria and norms for valuing assets are consulted. • Country of residence: a definition is requested for when tax residence must be verified. • Exclusions from the simplified modality: the scope of the exclusions provided for by the norm is required to be specified. • Foreign-source income: which foreign incomes are included and how taxes paid abroad are calculated are consulted. • Presumed income: whether certain incomes estimated by law should be incorporated to determine the total is asked. • Exempt or non-taxable income: it is asked whether they are included in the declaration or only the taxable incomes. • Validity of benefits: it is requested to specify from which periods the established benefits become applicable. • Effect of payment in discharging obligations: in which cases the payment discharges obligations, even with active plans, is consulted. • Presumption of accuracy and unjustified increase in assets: how relevant discrepancies will be detected is asked. • Taxpayers adhering to the monotributo: the situation of those who are in the monotributo and simultaneously subject to income tax is clarified. • Favorable balances: whether they can be offset with other available tax balances is consulted. • Assets of individual businesses: how the assets affected by the activity are considered is specified. • Scope of the "acceptance of the content" of the sworn statement: what this acceptance implies regarding data and adjustments is clarified. • Information that ARCA will make available in the pre-filled DDJJ: what data should be included to provide transparency to the taxpayer is proposed. • Fines for formal infractions: a proportional and segmented criterion according to the type of taxpayer and non-compliance is suggested. • Calculation of the statute of limitations: the applicable term and from when it is counted in each case is required to be defined. • Principle of the most benign penal law: whether the criterion will be applied directly or through a specific norm is clarified.
