The official Monotax project that the Government sent to Congress increases both billing levels and the monthly fee to be paid regarding the drafts circulated weeks ago. And it expands the billing limits for premises and services, with new categories for this segment, equating them to the sale of furniture.
The maximum annual billing level by category would be as follows: .
*R: From $2,108,288.01 to 6,450,000: +206%
*B: From $3,133,941.63 to 9,450,000: +202%
*C: From $4,387,518.23 to 13,250,000:+ 202%
*D: $5,449,094.55 to 16,450,000: 202%
*E: From $6,416,528.72 to 19,350,000: +202%
*F: From $8,020,660.90 to 24,250,000: +202%
*G: From $9,624,793.05 to 29,000,000: +201%
*H: From $11,916,410.45 to 44,000,000: +269%
*I: From $13,337,213.22 to 49,250,000: +269%
*J: From $15,285,088.04 to 56,400,000: +269%
*K: $16,957,968.71 to 68,000,000; +301%.
The total monthly fee to be paid (tax, social security and health contributions) would have the following values (location and services)
• A: 12,128.39 to 26,600: +119.3%
• B: from 13,561.75 to 30,280; +123.3%
• C: 15,503.51 to 35,458: + 128.7
• D: from 19,497.94 to 45,443.80: +133.1
• E: from 26,945.97 to 64,348.18; +138.8%
• F: from 33,137.61 to 80,983.00: 144.4%
• G: from 38,694.95 to 123,696.20: + 219.7%
• H: from 66,111.51 to 280,734.68: + 324.6%
• For the remainder 3 categories in addition to location and services, Rates are $517,608.55, $626,931.97 and $867,084.75 per month.
With these values, if approved, it is possible that some monotributistas they should not be updated and some may even be reclassified to a lower category. In any case, to these increases ranging from 200 to 300% are added the increases in fees, tuition and prepaid bills that are affecting the middle class.
For Gabriela Russo, President of the Professional Council of Economic Sciences the increase in billing levels was positive “considering that the Monotax has an updating lag, since its adjustment factor is the pension mobility index which has not accompanied the growing inflation of recent years”
Another substantial innovation, added Russo, “concerns the unification of the categories of sale of goods and provision of services. In the current regime, categories I, J and K apply to the sale of goods exclusively for the purpose of covering sales costs which are usually higher than those attributable to the provision of services. This unification is positive for service providers who expand their margin of permanence.”
Russo concluded by underlining that “the new project does not provide for a quarterly update factor for the CPI, which I understand is covered by the more than proportional increase in the income parameter. However, it is always good to have an automatic adjustment mechanism and not depend on the discretion of the Government Administration for its correction. It should also be clarified that the Project does not provide for the return to the Monotax for those who were excluded from it in this period. It will certainly be subject to AFIP regulation.”
For his part, Fernando Lopez Chiesa, of Estudio Lisicki, LItvin y Asociados, states that “these changes will allow many monotax holders to remain in this simplified system without moving to the regime of responsible person registered in VAT and profits, which implies a cost between 6 and 7 times more than the Monotax, to which is added a significant monthly administrative burden. “
Source: Clarin
