The Federal Public Revenue Administration (AFIP) investigate certain transactions and transfers when overcoming certain parametersamong which are the Fund accreditations between their own accounts.
While the form of Justifying the movement of these operations is usually simple, That is, in practice it is not necessary. However, it is common for AFIP to request all operations, that is, both the operations between accounts of the same holder like the rest of the operations, the latter being the ones that usually complicate the Taxpayers.
What are the most common mistakes when making transfers between their own accounts?
One of the more usual errors when making transfers between their own accounts It consists of overcoming the parameters established by AFIP (In the case of not having declared income).
The current limit of movements is $ 2,000,000 per month, that is, both income and expenses For people without formal income. In other words, the limit applies for all operations among which are Transfers between own accounts.
To avoid “consumption“Of that margin, the ideal is to receive and/or prove the money directly in the account to be used. It should be remembered that AFIP asks for every month to virtual wallets and Banks The movements of each client.
In this sense, if the entity does not have enough information about it to support it, then you must request the justification of the origin of funds. This is because Bank or Fintech must “cover“Before an eventual request for AFIP wave IIFsince, if said procedure had not done, it could face fines and sanctions.
At the same time, the Treasury establishes a Maximum amount without declaring (nor have support as a blank salary, invoices, among others) of $ 700,000, so, overcoming that amount, they must Inform the Treasury.
That is, if a person has a salary, it is monotributista either Registered responsible And the movements are duly informed (in the case of salary it is initially done by the employer) there should be no problems.
In the case of having declared income, the bank generates a profile of each client, establishing internal limits and parameters to request a justification of funds. It should be clarified that, when a Bank or financial entity considers necessary to require a justification for money, this, usually, does so through an email, requesting supporting documentation that supports these transactions.
In case you can’t justify moneyit is very likely that the bank will generate a Suspicious operation report (Ros) and notify the Financial Information Unit (FIU).
Subsequently, the actions of said organism vary considerably, since they depend on the “gravity“Of the matter. That is, it is not the same not to be able to justify 8 million pesos for a company that invoice millions per month, that for a natural person without any type of declared income.
Leaving aside fiscal problemsanother of the very common errors is transfer amounts that exceed the allowed values. However, in recent times, this problem is almost non -existent due to the great expansion of the margin. For example, Santander has a limit of pesos of $ 100,000,000, while dollars It is located at US $ 1,250,000.
What documentation can be presented to justify the origin of the funds?
For justify the origin of the fundsthe documentation more common is as follows:
- Purchase and Sale Ballots
- Documents that justify the sale of shares or a company
- Salary receipts or vouchers of retirement assets
- Billing of recent months
- Monotax proof
- Certificate of funds issued by a public accountant
- Declaration of the heir
In the case of Transfers between own accountssimply the respective vouchers of them must be presented. This allows to prove that it is simply a Fund movement.
What happens if I transfer money between your own accounts?
When the funds first enter the banking system, either from an account of a virtual wallet, as a payment market, or another bank, The receiving entity performs exhaustive control to verify the origin and legitimacy of the funds, in accordance with money laundering prevention regulations.
the Transfers Among own accounts do not usually generate automatic alerts, the AFIP has the ability to monitor these transactions, especially if they involve significant amounts. This is part of its strategy to ensure that all income is duly declared and the corresponding taxes are paid.
Once the funds were verified and “bankrupt” By the receiving entity, any subsequent transfer between their own accounts, even if it is different banks, should be made without additional complications.
