It is known as regime to the system or mechanism that allows the establishment and regulation of the operation of something. A tax regimeIn this sense, it refers to the legislation that establishes the payment of taxes in a certain territory.
The tax regimes usually contemplate two classifications: a common regime and a simplified regimen. Each taxpayer falls into one or another group according to certain requirements established by the authorities.
The simplified regimen is the one intended for small taxpayers. It has certain characteristics that make the regularization of the tax situation easier for these taxpayers than for the rest. Those who do not meet the criteria set by the State to belong to the simplified regime are part of the common regime.
In general, in a simplified scheme, aliquots reduced and taxpayers are exempted from certain obligations (such as filing a monthly affidavit, to name one possibility).
A example simplified regime is the monotax that exists in Argentina. Through this regime, certain taxpayers can pay a single fixed tax per month, which already includes the tax and the pension components (social work and retirement).
In this way, independent workers and merchants who do not reach a certain level of turnover and who meet other requirements, can register in the simplified regime and invoice as monotaxistas. In this regime, different categories: when a person exceeds the maximum billing set for the highest category, it automatically falls outside the simplified regime.
The simplified regime, as well as the common one, entails a series of well-defined obligations, which are the following:
* carry out the pertinent inscription in the Single Tax Registry (RUT). This first point is also found among the obligations of the common system;
* the first time a sale is made to a person who belongs to the common system, a copy of the RUT must be delivered;
* keep the RUT visible within the establishment in which the commercial activity is carried out, so that it is not necessary to request it to verify that it has complied with the first of the obligations here cited;
* compliance with any control system determined by the Government;
* record all the operations that are carried out each day in a fiscal book.
Regarding the last point, it should be noted that the book fiscal It is very important and must be carried out as neatly and responsibly as possible, recording in chronological order all the operations carried out daily. At the end of each month, the total payments for purchases of goods and services must be calculated, according to the invoices that the person has received. In the same way, it is mandatory to express the total income that has been obtained throughout the month.
No less important than the obligations are the following prohibitions that shape the simplified regime:
* can not be added to price of the products or services offered the value of VAT, since in that case all the obligations related to the common system should be met;
* submit the VAT return, since for this regime it has no legal effect;
* demand deductible taxes and determine VAT to be charged;
* carry out the calculation of VAT in the acquisition of goods that are excluded or exempt from this tax;
* issue invoice. On the other hand, if the person belonging to the simplified regime decides to do so for their sales, they have the obligation to meet some requirements, such as expressly naming the document as a sales invoice, including certain specific information about the seller and the buyer, leaving a record of the date of issue, the total and the description of the operation.