Filling your pockets with bills is not recommended for any consumer. Inflation In many cases, it forces you to use cash to obtain a discount for purchasing with cash. However, the use of technology has made it possible for citizens to operate through virtual wallets, a little for convenience and a little for security.
The money can be deposited virtually and, with the cell phone, any citizen can pay for everyday purchases, go out for recreation, use a means of passenger transportation, or simply send or receive money.
However, in this type of transactions, users must take into account a series of issues to avoid future headaches with the treasury and that the Federal Administration of Public Revenue (AFIP) itself notifies them for any operation that they consider unusual. , taking into account several situations, including patrimonial capacity.
Virtual wallets: suggestions to keep in mind
-Any transfer made with virtual wallets that exceeds $400,000 will be reported to the AFIP by the management company of that system. With these data, the collecting agency will be able to verify the taxpayer’s tax situation.
-Any user will have to demonstrate to the treasury the origin of the resources used in each operation. This has to do with corroboration that this money comes from a legal activity.
-At the end of each month, balances that reach $200,000 will not be reported to the AFIP. Likewise, users will be able to record income and expenses in amounts that do not exceed $120,000 without having to report it to the federal agency.
-If the AFIP detects irregularities and notifies the taxpayer, that person will have the obligation to present pay stubs, invoices or other relevant receipts to clarify the situation.
-Communication from the collecting entity will be made by email registered as the electronic tax address or through the same application used for transactions.
– If the taxpayer cannot justify the operation (they may be monotributistas or registered taxpayers), the agency could apply fines or recategorizations.
-In the event that a bank retains the money, but the transfer was declared (purchase or sale of an item), upon presenting the requested documentation, that entity should give access to the withheld amount again.
-If the taxpayer or user of a virtual wallet does not comply with the established conditions, the AFIP will have the power to order the closure of the account of the person carrying out operations and generate a Suspicious Operation Report (ROS).
