The agency detected some inconsistencies from cross-references of information from the available systems and electronic inspections
For iProfessional
02/01/2023 – 9:14 p.m.
The Federal Administration of Public Revenues (AFIP) notified 5,671 taxpayers who own luxury vessels that did not include yachts, speedboats, and sailboats large size in your 2021 Personal Property Tax Affidavit.
The body led by Carlos Castagneto detected inconsistencies from information crosses of the available systems and electronic inspections.
Through the use of new technologies and expanded databases based on agreements with third countries, the specialized areas of AFIP warned that 5,671 high net worth taxpayers, owners of yachts, boats and sailboats, either did not file their 2021 Personal Property Tax Affidavit or avoided including those high-end assets when paying the tax.
Within this framework, the agency proceeded to send notifications to the owners of the vessels so that they present their Affidavits and rectify them in the event that they have not incorporated those assets based on their real tax value.
In this way, the AFIP manages to identify a large number of taxpayers with tax inconsistencies, at a low operating cost and with a high impact regarding the associated risk.
The agency detected inconsistencies from cross-references of information from the available systems and electronic inspections
AFIP uses satellites in countries and has already detected hundreds of evaders
The Federal Administration of Public Revenues (AFIP) identified 347 property owners located in gated communities, private neighborhoods, and country clubs in the Province of Buenos Aires who did not present their sworn statement of 2021 Personal Property. It is estimated that they omitted the income of a determined tax of 200 million pesos.
Through the use of new intelligence tools that use satellite images to perform a better visualization and quantification of land and buildings, the agency detected 1,700 taxpayers who, being property owners in this type of neighborhood, did not have tax registration with the agency.
These are buildings located in 38 countries and gated communities from different points of the province of Buenos Aires. In addition, after the control tasks and the subsequent cross-checking with the agency’s databases, it was found that 37 percent of this universe owns more than one property.
The organization will continue with these inspection tasks on different urban centers of the country in search of raising the level of tax compliance of high-income economic sectors.
AFIP uses satellites in countries to detect taxpayers who do not declare Personal Assets
AFIP has already “hunted” 1,300 taxpayers for not paying the Personal Property Tax
The Federal Administration of Public Revenues (AFIP) identified 1,295 taxpayers with high purchasing power who incorrectly declared financial assets valued at 55,000 million pesos.
The body led by Carlos Castagneto estimated that the omission in the Personal Assets tax amounts to 700 million pesos, a figure that could even triple when applying the fines and interest corridos corresponding to the evasion maneuver.
Through the available tools, the AFIP through the General Tax Directorate (DGI) focuses its inspection and control tasks on the financial and exchange sector. On this occasion, the specialized areas focused their analysis and monitoring on tax treatment of digital currencies, shares of mutual funds, negotiable obligations, securities and trustsamong other instruments that must be included in the Sworn Declarations of the Personal Assets Tax.
In that framework, actions were carried out on a universe of 1,295 taxpayers with high net worth. The AFIP verified that as a whole, these human persons incorrectly declared financial assets whose total value amounts to 55 billion pesos.
As a result of the investigation carried out by the agency, 700 million pesos in omitted taxes were calculated. However, when taking into account the fines and interest that the AFIP will apply provided for in current regulations, that amount that will be claimed by the agency It can be enlarged to more than 2,000 million pesos.
