Elisa Carrió will send to Congress a bill aimed at reviving the economy, according to the founder of the Civic Coalition. The draft, which he approved Clarionincluding reduction of withholdings, reduction of Income Tax, employer charges and other changes claimed by the business and rural sectors.

Here is a summary of his main points of the program Lilith:

25% income tax for companies

it is suggested gradually returning in the sense of 2017 tax reform, consolidates Income Tax rate to 25%with the freedom of magnitude of revenues.

This rate will take effect from the year 2025. Until that year, there will be a gradual reduction. For non-reinvested income there will be a surcharge 13%;

check the tax

Although tax on debits and credits should be removed, until this happens, it is suggested that all companies, corporations or persons (or natural persons) registered as registered responsible parties may take it for paying income tax of the third category (now only SMEs registered as such with the Ministry of Production can use this benefit).

Public services

The bill proposes that utility bills contains only charges for consumption user created, prohibition on the collection of taxes and fees, except VAT and total consumption income.

Export duties (“withholdings”)

it is suggested a gradual reduction of aliquots to 10% in the case of soybeans (which in 2023 dropped to 30%) and 0% in the case of others of products that pay withholdings (except hydrocarbon and mining activities).

Employment tax

The project predicts reduce the labor tax burden, especially for low -income workers, who suffer the most from informal labor. It will be implemented by a Non-Taxable Minimum (MNI) for the payment of employer contributions.

The MNI will gradually increase until it reaches equivalent to Minimum Vital and Mobile Wage. In this way, the Contributions will only be paid for the amount of wages in excess of that MNI.

Union representatives in companies

The draft sets a increase in the minimum number of workers to have union representatives in companies (from 10 to 20 workers)

double payment

It is proposed to eliminate aggravated compensation for work dismissals.

Provinces and CABA

It is proposed to invite the provinces and the Autonomous City of Buenos Aires to reduce tax rates on total income and the tax on stamps, in the sense expressed in Tax Consensus for the year 2017.

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Low Total Income

In food -producing provinces where the Civic Coalition has legislative representation, the alliance will propose to local Legislatures the reduction to zero of the total income tax on activities in the livestock, agriculture, hunting, fishing and food production industries.

Carrió believes it is necessary to address current issues and adopt concrete measures in a timely manner, “with the aim of achieving price effects that consumers pay for food and drink, but also for improve tax structures in the province in the sense agreed in 2017 between the national government and the governors ”.

NE