Tax experts emphasized that the tax reform should favor the return of tax credits to companies, which are depriving them of working capital, and the extension of the RIGI to all industries. They also reiterated that it is urgent to modify distorting taxes such as debit and credit taxes, turnover taxes, and municipal fees, especially for safety and hygiene. "In the very short term, one of the things that most concerns the industry are national and provincial tax credits. This is working capital that companies cannot use," said Carlos Abeledo, President of the Tax Policy Department of the UIA. In this sense, he stressed that it is essential for companies to "be able to exhaust their tax credits immediately." The UIA tax expert stated that "the government's objectives are similar to those we have from the industrial sector," but warned: "We are expectantly awaiting the speed and manner in which this will happen." In turn, he noted that "there is a lack of a fiscal consensus, but it should correct the errors of conception of the previous ones." Abeledo also demanded that the RIGI be extended to all companies and that a special system be created for small and medium-sized enterprises." In the same vein, César Litvin, CEO of Lisicki Litvin & Abelovich, stated that "tax credits are a monster created by advance payments. There must be an agile and quick procedure for their return." "Technical tax credits should be available immediately," he insisted.
Experts call for tax reform in Argentina
Tax experts stated that the tax reform must ensure a quick return of tax credits to companies, which block working capital, and extend the RIGI preferential regime to all industrial enterprises.