JULY 13, 2020

AFIP General Resolutions No. 4758/2020 and No. 4759/2020.

CIRCULARS

CIRCULAR

Tax Department Report | AFIP General Resolutions No. 4758/2020 and No. 4759/2020

Dear Sir or Madam:

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

1. AFIP General Resolution No. 4758/2020: Installment Payment Plan for Income tax and Personal Assets tax.

Through General Resolution No. 4758/2020, the Federal Tax Authority (AFIP) stated that up to August 31st, 2020, individuals and undivided estates will be allowed to cancel their FY 2019 obligations regarding Income tax and Personal Asset tax, in up to 3 installments, with a 25% advanced payment, applying the interest rate regulated in General Resolution No. 4057/2017 (SIPER categorization shall not be considered).

Furthermore, the AFIP extended up to August 31 st, 2020 the term for legal entities to apply for this installment plan to cancel their FY 2019 obligations regarding Income tax, pursuant to General Resolution No. 4714/2020

2. General Resolution No. 4759/2020 (Federal Tax Authority) | Extension of Transfer Pricing filings due dates.

Through General Resolution No. 4759/2020, the AFIP extended the due dates to file the Transfer Pricing Report and the Form No. 2668, regarding fiscal years ended between December 31st, 2018 and April 30th, 2020, setting the new schedule as described below:

– FY ended between December 2018 and November 2019: deadlines between August 3rd, 2020, and August 7th, 2020, depending on the taxpayer’s Tax ID.
– FY ended between December 2019 and April 2020: deadlines between October 3rd, 2020, and October 7th, 2020, depending on the taxpayer’s Tax ID.

Moreover, the AFIP extended the due dates to file the Master File, regarding fiscal years ended between December 31st, 2018 and August

31st, 2020, setting the new due dates between August 10th, 2020, and August 14th, 2020, depending on the taxpayer’s Tax ID.

Finally, Form No. 4501 shall be filed through the web service “Presentación de DDJJ y Pagos” on the AFIP’s web site (https://www.afip.gob.ar).

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

Sincerely,

Santiago L. Montezanti