Tax Department Report | AFIP General Resolution No. 4713/2020 (Tax recess) and other measures with tax impact.
Tax Department Report | AFIP General Resolution No. 4713/2020 (Tax recess) and other measures with tax impact
Dear Sir or Madam,
We hereby inform you about the following measures with tax impact:
1. General Resolution No. 4713/2020. Through this General Resolution, the Federal Tax Authority stated a new extraordinary tax recess from May 11th to May 24th, 2020. During such a period, procedural terms governing national administrative proceedings related to tax, social security, and customs matters are suspended.
Nevertheless, deadlines for the filing of tax returns and payment of taxes are not modified nor extended and original schedules remain in force.
Furthermore, the extraordinary tax recess would not trigger effects over tax audits based on the information provided by the Organisation for Economic Co-operation and Development (OECD).
2. Resolution No. 187/AGIP/2020. Through this Resolution, the Tax Authority of the City of Buenos Aires stated that days running from May 12th to May 24th, 2020 shall not be computed in tax proceedings.
However, such a measure is not applicable to terms related to criminal proceedings.
3. Resolution No. 27/2020. Through this Resolution, the Tax Authority of the Province of Buenos Aires (ARBA), extended up to July 31st, 2020 the due date to pay the Built and Vacant Land Urban Real Estate Tax – second installment FY 2020.
Moreover, the ARBA extended up to June 15th, 2020 the due date to pay the Vehicle Tax – second installment FY 2020.
Should you require any further information on this matter, please do not hesitate to contact us.
Santiago L. Montezanti