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Income Tax: Sergio Massa and the CGT agreed that 600,000 workers do not pay this tax

by szsvw
April 10, 2023
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After the launch of the agricultural dollar, the Ministry of Economy began the week with more tax relief. This time, they agreed with the General Confederation of Labor of the Argentine Republic (CGT) that more de 600,000 workers in a dependency relationship will stop paying the Income Tax by a series of additional agreements, and the Ministry of Economy detailed which are the benefited sectors. The agreement reached by the Minister of Economy, Sergio Massa and the CGT exempts:

  • 135,657 teachers, police and security forces
  • 101,325 jobs in the industrial sector
  • 81,504 health workers and auxiliary health services in the private sector
  • 74,925 transport employees
  • 50,078 of trade
  • 46,666 workers from service companies
  • 22,909 from banks and insurance
  • 18,201 from private education
  • 12,632 of construction
  • 56,103 of “other activities”

All the beneficiaries by province that do not pay Profits

  • 270,000 correspond to Buenos Aires
  • 75,000 to the Autonomous City of Buenos Aires
  • 48,800 to Cordoba
  • 46,400 in Santa Fe
  • 21.600 a Mendoza
  • 15,300 to Entre Ríos
  • 14,300 to Tucumán
  • 12,707 to Neuquén
  • 11,800 in Chubut
  • 10,600 to Rio Negro
  • 8,200 to Missions
  • 7,400 in Salta
  • 7,400 to La Pampa
  • 7,200 to Corrientes
  • 7.200 a San Juan
  • 6,300 in San Luis
  • 5,500 to Jujuy
  • 5,000 in Formosa
  • 4.890 a Chaco
  • 4,400 to Catamarca
  • 4,400 to Santiago del Estero
  • 3,800 to Santa Cruz
  • 3,600 to La Rioja

It is estimated that the pocket salary improvement will be up to 16%, depending on the items to which each employee belongs, calculated the Ministry of Economy. In addition, they informed that among the concepts that will no longer be taxed profits such as: bonuses for productivity, cash failure and concepts of a similar nature, mobility, travel expenses and other similar compensation, overtime, additional hours for rotating shifts and the like.

Inflation and parity adjustments mean that more and more workers are affected by the income tax, which has a scale that is updated with the approval of Congress. For this reason, since the CGT expect a prompt update of the non-taxable minimum of this tribute. At present, about 1,200,000 workers are affected by this tax.

The CGT is preparing for a march on Labor Day in which the main demand will be inflation and the salary adjustment of employees. Although insecurity is also another issue that worries and that union leaders pay attention to, since the crime of the bus driver of line 620 in La Matanza.

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