General Resolution No. 5476/2023 – Income Tax and Value Added Tax. Importation. Tax collection Regimes. Exclusion Certificates.
Tax Law Department Report | General Resolution No. 5476/2023 – Income Tax and Value Added Tax. Importation. Tax collection Regimes. Exclusion Certificates.
Through General Resolution No. 5476/2023 of the Federal Public Revenue Administration, published in the Official Gazette on December 29, 2023, the suspension period of Articles 1 and 3 of General Resolution No. 5339 has been extended until June 30, 2024. These articles pertain to the application of exclusion certificates for tax collection regimes of Income Tax and Value Added Tax applicable when importing goods.
Additionally, it has been stipulated that the amount of Value Added Tax collections performed will be considered as tax paid for registered taxpayers. These collections must be included by them in the tax return of the fiscal period in which the tax credits generated by the definitive import operations that gave rise to the collection are attributable.
The provisions of this general resolution will come into effect on the day of its publication in the Official Gazette and will apply to definitive imports completed from January 1, 2024, onwards.
Do not hesitate to contact us if you require any further information on this matter.
Sincerely,
Santiago L. Montezanti
Enrique López Rivarola