What is SIPA in monotax?

Inside the system single tax and of the contributions that are paid to the State through it, there are various components that are often unknown to taxpayers. One of them is the YES DAD: What is that?

First of all, it is good to remember that the monotax is a simplified regime created in 1998 for small taxpayers, for which a monthly amount is paid which includes the national tax component (VAT and profits), the contribution to social work and the pension component.

The amount paid varies depending on the category, on a scale ranging from lowest (A) to highest (K).

It is measured based on the taxpayer’s annual billing, the area affected, the energy consumed, the rents accrued and the maximum unit price for the sale of movable things.

Within that combination, there is the Argentine Integrated Pension System (SIPA)in force since the promulgation of law 26.425 in December 2008.

“This public, solidarity-based and pay-as-you-go pension scheme has absorbed the capitalization regime of the Integrated Pension System (SIJP) in force until that date”, they specify from ANS (National Social Security Administration).

Thus, the SIPA is a public distribution scheme managed by the State, which provides benefits financed “according to the principle of intergenerational solidarity”, they wrote on the site.

How to obtain the SIPA in ANSES?

The Argentine Integrated Pension System (SIPA) is through which the funds generated with pension contributions paid by the country’s public and private workers are administered.

It is administered by ANSES and is not something to be “removed”, but rather a mandatory contribution which is integrated into the single tax.

Active workers pay for pension benefits by paying contributions to social security and, on the other hand, through specific taxes.

“It includes all natural persons over the age of 18 who work in a dependent relationship in a public or private business, or who carry out activities independently”, they specify in ANSES.

Furthermore, it indicates that “military personnel of the armed and security forces, police personnel and minors under 18 are excluded, as well as people belonging to other provincial, local and/or professional systems, provided that they do not simultaneously carry out any of the activities envisaged by law 24.241”.

This law also established that the resources that constituted the individual capitalization accounts of the members and beneficiaries of the capitalization regime became part of the Guarantee Fund for Sustainability (FGS) of the public pension scheme.

On the AFIP page it is detailed that with the unified monotax “National and provincial tax payment procedures are consolidated to reduce administrative burdens.”

With it it will be possible to pay in a single solution “the integrated tax; the contributions to the Sipa and possibly to the national health system; the gross income tax of the simplified provincial regime”, they write.