AFIP monitors your investments: how to declare them in the next few days so as not to receive sanctions from the tax authorities

What are the financial assets to be declared in the annual affidavit to be submitted to AFIP for personal income and assets?

In which cases you have to pay and only submit confirmation notice?

According to the CUIT number, submission of affidavits of persons expires from 12th to 14th of this month and payment from 13th to 25th.

AFIP has already made it clear that it has set its sights on a series of financial measures from last year to notify taxpayers.

Among them, MEP and CCL buy dollar and unlisted stocks.

But there is a long list of assets that must be included in this presentation, which must be done between June 12 and 14 before the tax agency to avoid incurring penalties.

-Unlisted Shares: AFIP, through the Directorate General of Taxes (DGI), has put a magnifying glass on 4891 taxpayers who bought and sold shares without listing on the stock exchange, affirmative affidavits and face the next deadline in June. Payment of Income Tax and Personal Property Tax. AFIP sent these notices to those concerned, who properly considered both the origin of the funds used to carry out the activities and their full notification and proper assessment.

-Stock Market Dollars: AFIP has launched a campaign to declare these activities in the annual affidavit for fiscal year 2022, which expires this month, with MEP dollars bought and cash flow counted. In order to “confirm” this universe of taxpayers, a few days ago the organization led by Carlos Castagneto announced that 5,780 taxpayers were blackmailed into buying foreign currency, their declarations of commitment and the payment of two taxes. said tax expert Sebastian Dominguez “Regarding the MEP dollar issue, AFIP sent: I know you have MEP and CCL dollar operations; You must include them in your affidavit. On the one hand, this would be activities to be included in the assurance of earnings. This is because you must have the necessary funds to carry out the activity, and then, if you have it, declare it by December 31. Someone might say, well, I bought the MEP dollar, I cashed it, I pretend I spent it, I didn’t declare it, they have it. Well, it seeks to create fear that non-reporters will be subject to scrutiny.

-CDIER and ATR: Purchases and sales on the Argentine stock market are exempt from income tax, but not dividends. Dividends are income from a foreign source because the companies are from abroad and are taxed at a progressive rate of up to 35%. Dividends from CDIRs purchased on the Argentine stock market are not exempt from income tax and are taxed at a progressive rate of up to 35%, as opposed to a flat rate of 15%.

“ADR certificates issued by a United States bank for shares of Argentine companies and held by an Argentine investor abroad must be considered part of the country and must be declared and taxed according to local laws,” Dominguez explained.

“If one is going to buy shares of Argentine companies, it is convenient to buy them abroad, not abroad, because they are taxed abroad,” he clarified.

– Fixed Period: Traditional people do not pay profit or other taxes. Foreign currency and UVA are structured to pay over a fixed period of time. However, they must be reported if they exceed $200,000. They also do not pay tax on personal property. When you have real estate, vehicles or money in a bank account, it will only be invoiced if your assets declared to the tax authorities have a minimum value of $2,000,000.

-Cryptocurrencies: Taxpayers must declare them even if they are not specified in the law. As for the gains, you pay them if they are sold for more than they were acquired. In the case of personal assets, the Treasury treats them as a tax basis.

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