the Federal Administration of Public Revenue (AFIP) Certain investigation Transactions and transfers by exceeding certain criteriaamong them Deposit funds between private accounts.
Although the form The justification for these operations is usually simple. That is, in practice it is not necessary. However, it is common for the AFIP to require support for all operations, i.e. both Transactions between accounts of the same owner Like the rest of the processes, it is the latter that tends to complicate the process Taxpayers.
What are the most common mistakes when making transfers between your own accounts?
One of The most common mistakes when making transfers between private accounts It consists of overcoming Parameters set by AFIP (If income is not declared).
The current limit on transactions is $2,000,000 per month, i.e. both Income and expenses For people who have no formal income. In other words, the limit applies to all operations, incl Transfers between private accounts.
to avoid “consumption“For this margin, the ideal situation is to receive and/or credit funds directly to the account to be used. It is worth noting that: AFIP He asks him every month Virtual wallets and Banks Movements of each client.
In this sense, if the entity does not have sufficient information on this matter to support it, it must request it Proof of the source of funds. This is because the bank or fintech mustCover up“Before a possible request for AFIP wave UIFBecause if this procedure had not been carried out, he would have been able to do so Facing fines and penalties.
Meanwhile, Treasury A Maximum undisclosed amount (And they do not have support such as empty salary, bills, among others) in the amount of $700,000, so, if they exceed this amount, they must Inform the treasury.
That is, if a person has a salary, then he is monotributist also Registered official The movements are duly communicated (in the case of salary, this is initially done by the employer) and there should be no problems.
In the case of declaring income, the bank creates a profile for each client, setting internal limits and standards for the order Justification of funds. It should be noted that when A Bank or financial institution You consider it necessary to request justification of funds, this is usually done via email, along with the application Supporting documents Who supports such transactions.
In case it can’t be Justify the money in whole or in partIt is very likely that the bank will create Suspicious transaction report (ROS) and notification Financial Information Unit (UIF).
After that, the actions of the aforementioned body vary greatly, because they depend on “attractiveness“It is the matter. That is, it is not the same thing as not being able to justify 8 million pesos to a company that issues millions of bills every month, as it is for a natural person without any kind of Declared income.
Leave aside Tax problemsAnother common mistake is Transferring amounts exceeding the permitted values. But recently, this problem has become almost non-existent due to the widening of the margin significantly. For example, Santander It has a peso limit of $100,000,000, while in dollar Its price is 1,250,000 US dollars.
What documents can be provided to justify the source of funds?
to Justify the source of fundsthe Documents The most common are the following:
- Buy and sell tickets
- Documents justifying the sale of shares or company
- Pay stub or proof of retirement benefits
- Bills for the last few months
- Proof of unilateralism
- Funds certificate issued by a public accountant
- Announcement of heir
in case Transfers between private accountsThe relevant receipts must simply be submitted. This allows us to prove that it is abstract Movement of funds.
What happens if I transfer money between my own accounts?
When money first enters the banking system, either from a bank account virtual wallet, Like Mercado Pago, or others bank, The receiving entity conducts comprehensive monitoring to verify the source and legality of the funds, in accordance with the Money Laundering Prevention Regulations.
the Transfers Between private accounts do not usually generate automatic alerts AFIP He has the ability to monitor these transactions, Especially if it involves large quantities. This is part of their strategy to ensure that all income is declared correctly and corresponding taxes are paid.
Once Funds verified and “deposited in banks” By the recipient, any subsequent transfers between private accounts, even if they are different banks, must be made without additional complications.