Thousands of taxpayers notified to include MEP dollar purchase in affidavits

Following the measures announced on Wednesday, the Federal Administration of Public Revenues (AFIP) notified 5780 taxpayers to include the purchase of foreign currency in their presentation of determinative affidavits and the payment of income tax and personal property tax. The agency identified a group of people who acquired more than US $ 1,100 million through public securities during the fiscal period 2022, which must be reported in the corresponding tax returns. Through this initiative, the specialized areas of the AFIP seek to “avoid various situations that could lead to tax breaches,” the agency said in a statement. The agency’s databases made it possible to warn of foreign currency transactions through the acquisition and settlement of bonds in local and foreign accounts, popularly known as “MEP dollar” and “cash with settlement” (CCL). As a result of this task, it identified 5,780 taxpayers who, during the 2022 fiscal period, arranged operations for individual amounts that exceeded US $ 50,000.The total that was acquired by this means is US $ 1,160 million, which represents $ 205,310 million at the official exchange rate at the end of last year and should be reflected in the corresponding affidavits. The AFIP sent electronic notifications to the subjects involved, in order to correctly consider both the origin of the funds used to carry out said operations, as well as their full declaration and correct valuation, with a view to the June expiration of the presentation of the determinative affidavits and the payment of income and personal property taxes.

Original source in Spanish