Looking For Expat Tax Specialist/accountant

[Girino]

I share your hopes, but also your pessimism.

Take for one the import of goods whose ban should have been lifted, but people are still reporting the usual "day wasted" at Retiro and the like.

 

[annasmith]

If you can't keep below the 400000 pesos threshold, keep in mind that even as "responsable inscripto", when exporting a service you are exempt from charging IVA, so that might offset somehow some of the costs of paying ganancias. For example, instead of charging 100 + IVA (121), you can charge 115, basically splitting "ganancias" between you and the client.

In my case, it was a no-brainer to pay taxes here instead of in New Zealand, but given that UK has a tax agreement with Argentina your situation could be different.

What happens if you are over the 400.000 pesos per year threshold - is that when the 35% tax rate kicks in? Is there a webpage which details tax rates over 400.000?

As I understand it the double taxation agreement between UK and Argentina simply means if you're a citizen of one country and a resident of the other you don't have to pay tax in both places.

Rasetti, I don't suppose you have an accountant here, or have you set everything up yourself?

Thanks again all!

 

[ElQueso]

You can't be a monotributista and claim over 400K (actually, my accountant told me it was 450K, I thought, but I might have gotten it confused) a year. It's not that you just get taxed as a monotributista at a higher rate, but you can't file under that status at all (and if yous start as a monotributista, it's apparently quite complicated to change statuses). You have to be, basically, a business (responsable inscripto is like a sole proprietorship in the States, if I remember right) when you get above the monotributista limit. It means paying a higher level of taxes and more responsibilities than a monotributista (which is like being a contract worker in the States, only better in my opinion because the tax responsibilities for a monotributista are much less than even an employee.)

I may have the exact meaning and relationship of the responsable inscripto a bit off, but that was how my accountant explained it to me when I was looking into all this.

Personally, I'm the kind of guy who could figure out how to inscribe myself into the monotributista system and continue to make payments and all that, but the truth is I'd rather pay someone else to take care of all that and ensure I don't screw anything up. My accountant is very reasonable, but I don't actually know if he accepts people he doesn't know. My wife met him at an English class and he helped both of us become monotributistas. If you're interested in talking to him, send me a PM and I'll ask him if he takes people he doesn't know. And even though he met my wife at an English class, I wouldn't say he's strong in English skills - or at least, it's been a year or so since we last spoke English.

 

[Girino]

If you're interested in talking to him, send me a PM and I'll ask him if he takes people he doesn't know.

Is him in business or in a club? I can't understand why a professional wouldn't take on new clients just because he doesn't know them. Are so responsible accountants in Argentina?

 

[TomAtAlki]

Serafina I hear what you are saying, however my accountant is the same. We were recommended to him and he accepted us, we recommended someone else and he rejected them, we recommended them again the next year and he took them as clients. ? We have no idea.
Nancy

 

[Girino]

very good point serafina about hidden costs. I must lose ~10% just in passing money around. everyone takes a cut.

Personally, I was hoping the new gov would help with this kind of stuff. but then again, i'm really not hoping for much... argentina's gonna take time to change (and might never change).

Something else came to my mind... Argentinian credit cards have (or used to have?) lower spending limits, also abroad (such as 150 USD/day, but that was with the older exchange rate). Hence spending money you deposit in Argentina outside of Argentina could prove a little tricky. I wonder what happens if you spend your earned money before having to reempatriate them...

Anyway, the current blanqueo allows people to leave money abroad, they are given the chance to declare them and pay a reduced fee. Hence, I don't see why money you are legitimately earning should be reempatriate. It looks like one those crazy rule from the K-regime that still needs to be fixed.

Personally, it looks like there are still too many variables to jump in the Argentinian business/tax system right now. It sounds still a waste of time - can you believe that you had to write paper invoices on an official "talonario"?! Now they allow to do file them also online, but I am not sure if it is 'in lieu of' or 'in addition of', and that when you received money from a client abroad you had to actually walk into your branch, official invoice at hand, for the funds to be released to your account?

 

[MorganF]

Serafina,

If you want to create a Monotributo or company here, and you want an Argie accountant to help you -- and if you speak Spanish fluently -- I have the guy for you. He's high quality, super reliable and trustworthy, affordable, checks all the checkmarks. But I'm not sure he speaks English. Send me a PM if you're interested

morgan

 

[annasmith]

I'm looking for the accountant Morgan F - I will send you a personal message now! Y sí, hablo castellano!