APRIL 17, 2020

Measures with tax impact | General Resolution No. 4699/2020 (Federal Tax Authority) – Temporary exemption from registration of biometric data and others.

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Tax Department Report | Measures with tax impact | General Resolution No. 4699/2020 (Federal Tax Authority) – Temporary exemption from registration of biometric data and others 

Dear Sir or Madam,

We hereby inform you about the following measures with tax impact:

1. General Resolution No. 4699/2020 (Federal Tax Authority) | Temporary exemption from registration of biometric data.

Through General Resolution No. 4699/2020, the Federal Tax Authority exempt taxpayers from the registering their biometric data up to June 30th, 2020.

2. General Resolution No. 4700/2020 (Federal Tax Authority) | Extension of the term to communicate corporate reorganizations.

Through General Resolution No. 4700/2020, the Federal Tax Authority set an additional term of 90 running days – which is added to the pre-established term of 180 running days– to communicate corporate reorganizations, according to General Resolution (AFIP) No. 2513/2008.

 3. General Resolution No. 4/2020 (Multilateral Agreement Authority) | Tax proceeding terms.

Through the General Resolution No. 4/2020, the Multilateral Agreement Authority stated that days running up to April 26th, 2020 shall not be computed in tax proceedings.

4. Resolution No. 2178/2020 (Tax Authority of the Province of Cordoba) | Extension of deadlines related to Turnover Tax.

Through Resolution No. 2178/2020, the Tax Authority of the Province of Cordoba extended the due date to file the third FY 2020 advanced payment tax return and its payment, setting the new due dates between April 27th, 2020 and April 28th, 2020, depending on the taxpayer’s Tax ID.

Bear in mind that this measure is only applicable to local taxpayers whose annual revenues FY2019, were equal to or lower than AR$2,500,000.-

Moreover, if the referred tax return and/or its payment is filed/made after the extended dates, the corresponding interest will be accrued since the original due dates.

Should you require any further information on this matter, please do not hesitate to contact us.

Sincerely,

Santiago L. Montezanti