In the last few hours, the project of the Knowledge Economy Secretariat, which coordinates Ariel Sukharchuk to give life to the new “Monotech”. It is a monotribute designed so that those who work in the freelance modality, in some activity of the Knowledge Economy, can enter their dollars in a legal and traceable way. Although it is a broad concept, because it is not only for those who are in the field of technology and computing, but also journalists, writers, audiovisual producers and even those who work in the bioeconomy.
The government seeks to integrate this multiplicity of workers who provide “freelance” services abroad, into the tax system. This way you can declare income, access social work, family allowances and credits, among other things. Because I knew that in recent years the exodus of formal workers to the “freelance” world began to get paid in dollars.
Argentina grows as an exporter of “knowledge economy”
Back in 2021, from Argencon they analyzed the profiles of those who left their jobs in a dependency relationship, to avoid entering foreign currency into the formal market and losing the net value of what was invoiced in dollars. And they warned about the distortions that this generated in the salary market. Even at that time they estimated that the casual activity of the sector had generated sales abroad not registered by 1,800 million dollars,something like 30% of the official ones.
By 2022, before the departure of Martín Guzmán, the government advanced in the flexibility to the income of dollars for the sector, by allowing him a individuals who work abroad could be paid in dollars without being forced to liquidate their currencies in the formal market. At the same time, it allows companies in the sector to access dollars at the official exchange rate if they increase their exports. Both cases have a limit of US$12,000 per year to access the benefit.
For its part, this new Mono Tech creates new categories of monotributo for workers who export their technological services abroad, who will now be able to invoice without having to liquidate their dollars.
He said something like that Economy Minister, Sergio Massa, when highlighting the half approval of the project. In his official Twitter account, he expressed: “With Monotech, new single-tax categories are created for young workers who export their technological services abroad, so that they invoice without having to liquidate their currencies and promoting registered work with access to social work and retirement contributions.”
In addition, the head of the Treasury who is currently in the United States, endorsed that this project adds to a new category, those “people who participate in international e-sports competitions, also known as electronic sports, who set trends in the new generations and that it is consolidated as the most developed industry in the world”, he said.
5 highlights
1) includes the exchange benefit of not liquidating the currencies and favors small exporters of Knowledge-Based Services/e-gamers (whether autonomous or small groups)
2) The project of the new tax scheme proposes 3 categories of annual income:
- up to US$10,000,
- up to US$20,000 and
- up to US$30,000
According to each category -which is established according to the income ceiling and the integrated amount corresponding to each of them that will be paid including income tax, social work and retirement contributions- and the amount to be paid corresponds to the established categories in Regime D, F and H
What will the new national software company that the government wants to create be like?
3) The project considers that the monotributo is compatible with the Genera regimel (which is the one registered in VAT, Earnings and Self-Employed), with the Simplified regime (monotributo) and Employees in a dependency relationshipprovided that the registration is to develop an activity different from the one achieved by Mono Tech.
4) The monotributistas, in addition to the amount that they must pay for their category, must pay for Mono Tech the tax component that correspond to the highest categories of the Monotax, if they are categorized in I, J and K they must pay the amount of integrated tax corresponding to each of those categories”
5) It is not just for the world of technology and computing. All those workers who export knowledge based abroad will be reached by this Mono Tech: among them programmers, computer scientists, journalists, university professors, gamers, architects, screenwriters, translators, as well as those who will develop audiovisual production and post-production services, activities such as biotechnology, bioeconomy and neurotechnology, among others.
6) The income of the people reached received in foreign currency will be freely available. To maintain your membership, you must deposit the amounts obtained from the activities achieved in a Special Deposit and Cancellation Account, called “Special Mono-Tech Account”
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