The Federal Administration of Public Revenues (AFIP) updated this Wednesday the minimum amounts from which banks must report movements in bank accounts and taxpayer cards throughout the country.
The regulations of the tax authority, which will be published this Thursday in the Official Gazette, will increase from $10,000 to $30,000 the minimum amount from which financial institutions must report debit card consumption.
Likewise, General Resolution 5138/2022 has $30,000 to $90,000 is the minimum amount to report monthly credits, monthly withdrawals, account balances and time deposits.
“The changes allow financial institutions to streamline their operations and the agency optimizes the information it receives automatically and permanently on monthly accreditations, withdrawals, account balances, time deposits and card consumption,” AFIP explained in a statement. release.
The regulation introduces improvements in relation to the information reported by the banks on the movements of the special accounts created for the repatriation of assets abroad linked to the Solidarity and Extraordinary Contribution.
Also on those provided for by the Normalization Program of the Argentine Federal Construction Incentive Law and Access to Housing.
The last update of the regulations had been made in 2018.
