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Entrepreneurs await announcements for exports and employment

The Argentine Industrial Union (UIA) once again put its concerns on the table about the lack of a horizon that allows us to see the economic recovery.

During the opening of the 26th Industrial Conference of the factory, its vice president, Daniel Funes de Rioja, said that it is due « look for an answer from the federal dimension « , to know » how to recover Argentina and how to grow « .

In this sense, the employer representative stressed that the current situation meant a severe blow to employment, since « formal employment fell and both informal and public employment rose. » In addition, he stressed the need for the industry in terms of foreign trade.

According to the manager, « today is a time of inflection and we need a horizon of recovery, with the premise of forging sustainable growth « .

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In addition to the agenda, the novelty is that the ordinary sessions last until December 11. The list includes abortion, wealth tax, reduction of the coparticipation to the City, pensions and fiscal consensus, among others.

In this sense, it is expected that today -on the second day of the event- the head of the AFIP, Mercedes Marcó del Pont, will launch at least some guidelines of what could be the tax reform that will come into effect as of next year .

This is a sensitive point for entrepreneurs since, at least according to what is handled to date, it would lead to those better positioned taxpayers paying more Profits and Personal Assets, among other issues.

Although no changes are expected in this regard, employers will highlight that Today 160 taxes coexist, which in some segments can represent up to 50% of the final price.

In addition, they will insist on the definitive disappearance of « Maximum Prices », and it will be pointed out that special measures are not implemented to improve supply, since « they will be solved with the usual tools. »

The other important focus of the industrialists is on Wednesday’s session, when the Minister of Productive Development, Matías Kulfas, will attend. And here the approach to two questions is expected.

One of them has to do with modifications in import duties and refunds that affect various sectors, but especially in the food business, where former President Mauricio Macri had put into effect taxes, which the current Government had promised to eliminate .

However, here the central axis of the discussion for the moment to do this, and in what way. While the Government understands that it is not the best scenario to apply this, the businessmen want it to be applied shortly, and even to eliminate it, something that due to the need to collect today appears difficult.

« If they are not eliminated, it makes no sense. A measure like the one taken with the withholdings in the field, where they were reduced very little and for a short period of time, it is seen that it does not work, » a business source told El Cronista.

Regarding the generation of work, the return of « Decree 814 » is expected, with effect mainly in the regional economies, and that after 16 years of validity was set aside by the Government of former President Mauricio Macri. This measure has been in the official folder for a few months now, and was part of the package of 60 measures that the Government had said it would announce to attack the effects of the pandemic.

This regime allows SMEs to take part of the contributions as a VAT credit. This proportion increased to the extent that the company was located at a greater distance from the City of Buenos Aires.