Using A Flameless Votive In A Paper Lantern

, start the VAT and income tax withholdings

In just over a month starts the first tax collection to fall on small contributors. The officials who exceeded annual limits billing renewed suffer payments of up to 35 percent


Highlights - In just over a month starts the first tax collection which will fall on small taxpayers.
- The heads exceeding renewed yearly limits suffer billing payments of up to 35 percent.

Along with the launch of the new Monotributo, which already has the backing of Deputies, the idea emerges withholdings apply to small taxpayers .

The question hit the monotributistas mechanism, where they exceed the renewed annual breakpoints allowed in respect of transactions conducted with a single client. The initiative, which will become law after approval of the Senate, raised $ 72,000 to $ 200,000 will go for professionals and $ 144,000 to $ 300,000 for other activities.

respect of taxation extra support, the Federal Administration of Public Revenue (AFIP) stated that interim payments applicable from 1 January 2010 will be 35% in the Tax Earnings and 21% in Value Added Tax (VAT).

"The measure is novel, because although the scheme provided for the possibility of establishing a restraint system or perception; never been advanced in this direction," said Cesar Halladjian tax consultant.

"The new system of VAT and income tax withholding applies only small contributors whose operations during the past 12 months exceeded, with respect to a single purchaser, lessee or borrower, the maximum revenue, "he explained.

also from Lisicki, Litvin & Associates , explained that "the suffering monotributistas such deductions shall be excluded from the simplified system and, therefore, comply with their tax obligations and social security schemes for the respective general from the time of the occurrence of such causes. "

A minor problem concerns the legal dispute that triggered the new tool revenue collection. In this regard, Flavia Melzi, Vice President II of the Professional Council of Economic Sciences of Buenos Aires (CPCECABA) warned of "questionable legality of the rule in that, by regulation, is expanding the scope of VAT and income tax."

regime inside
order calculation of the advance, the policy states that earnings retention is calculated on the amount of the transaction is canceled, partially or completely without deduction of any sum applying the rate of 35 percent. In the VAT, retention is obtained by applying the rate of 21 percent.

Moreover, prepayments practiced, monotributistas have for enrolling in the respective duties of the general scheme:

• In Profits: the nature of the deposit.
  
  
• In the VAT: the nature of tax deducted, and in that capacity shall be included in the affidavit of the fiscal period in which retention was performed.

As a little relief, the regulation established a series of concepts that are not considered gross income to determine if the threshold for annual revenue: Tax

• domestic cigarettes.
  
  
• additional emergency tax on cigarettes.
  
  
tax
• liquid fuels and natural gas.
  
  
• Revenue from realization of fixed assets, understood as those whose term of life is greater than two years and both have remained in the ownership of the taxpayer at least twelve months from the date of clearance of the goods.

In turn, the 2616 general resolution makes it clear who should act as withholding agents:

• The buyers, tenants and / or borrowing siempre que los pagos se realicen como consecuencia de su actividad empresarial o de servicio y revistan la calidad de responsables inscriptos, exentos o no alcanzados, en el IVA.
  
  
• Los Estados Nacional, provinciales, municipales y el Gobierno de la Ciudad Autónoma de Buenos Aires.
  
  
• Los colegios, consejos u otras entidades profesionales.
  
  
• Las entidades bancarias que efectúen pagos en cumplimiento de libranzas judiciales.

Reforma integral
En los próximos días, el Senado convertirá en ley el proyecto de reforma integral del Monotributo.

Tal como adelantó iProfesional.com almost a year ago, the project already has half penalty proposed raising the cap on annual turnover of $ 72,000 to $ 200,000 for professional and $ 144,000 to $ 300,000 for other activities.

The initiative also provides for major hikes in the monthly fee to pay. Regarding the pension contribution, will triple the monthly payment, increasing the amount $ 35 to $ 110 , while the amount allocated to the health system goes from $ 46.75 to 70 wt.

addition the tax component, the lowest fee is $ 219 and the highest reach $ 2,880, well above the $ 115 to $ 587 canceling the monotributistas today.

Under the initiative, the new scheme to take into account who is serving:

On the other hand, the values \u200b\u200bto be considered by small contributors who work in the rest of the activities is:

In order to avoid the obsolescence of the stops and values \u200b\u200bto cancel each month, the rotated text Senators AFIP expected to be amended once a year, billing the maximum amounts of accrued vacation the amounts of tax to be paid, for each category, at a rate not exceeding index increase the minimum wage and mobile or mobility index pension benefits, whichever is higher. (Read more: New Monotributo already won initial approval in Deputies )

Source: http://contadores.infobaeprofesional.com/