In an article published by El Cronista, Fernanda Laiún, partner at Laiún, Fernández Sabella & Smudt, analyzed the key aspects that monotributistas should consider regarding the Simplified Income Tax Regime, within the context of measures aimed at bringing undeclared savings into the formal economy.

The new framework, introduced by the Tax Innocence Law, includes benefits such as the “release effect” and the “presumption of accuracy,” providing greater certainty for taxpayers who comply properly with their obligations.

In this context, Laiún pointed out that not all monotributistas will be able to take advantage of the regime in a straightforward way.

“Income already declared under the monotributo regime, whether from rentals or personal services, is not compatible with the new simplified regime,” she explained.

She also emphasized that one of the key factors to assess is the tax burden. While the monotributo system offers a simplified structure with a relatively low tax cost, moving to the general regime implies being subject to VAT and Income Tax, with significantly higher rates.

In this regard, she noted that the convenience of joining the regime will largely depend on each taxpayer’s specific situation, particularly in cases where there is a significant amount of undeclared savings.

“If someone has been a monotributista their entire life, there is no way to use those savings. They cannot purchase property or a vehicle because they have no means to justify the origin of those funds,” she warned.

Therefore, the decision requires a comprehensive analysis that considers not only the benefits of the regime, but also the consistency between declared income, assets, and the ability to justify the origin of funds.

👉 Full article:
https://www.cronista.com/economia-politica/dolares-del-colchon-que-deben-tener-en-cuenta-monotributistas-y-jubilados-para-adherirse/