In an article published by El Cronista, Fernanda Laiún analyzed the main changes proposed under Inocencia Fiscal II and their potential impact on the Simplified Income Tax Regime.

During the interview, she explained that the proposal broadens the range of taxpayers eligible to join the regime, primarily by eliminating the current income and asset thresholds. She also noted that, although Large National Taxpayers would not be entitled to all of the regime’s benefits, they would still be able to file a significantly simplified tax return with reduced reporting requirements before ARCA.

She also pointed out that taxpayers whose only activity falls under the Monotributo regime should not switch to the general tax regime solely to access the Simplified Income Tax Regime, given the higher tax burden involved. However, she clarified that the analysis may differ for taxpayers who also earn other types of income subject to Income Tax.

The article also examines the proposed changes to the concept of “significant discrepancy”, the benefits associated with the “tax shield” mechanism, and the role that confidence and legal certainty will play in encouraging taxpayers to bring undeclared savings into the formal financial system.

Full article:

https://www.cronista.com/economia-politica/dolares-del-colchon-con-inocencia-fiscal-ii-conviene-adherirse-al-regimen-simplificado/