Restoration of Exclusion Certificates for VAT and Income Tax collections for Import Operations
Department of Tax Law Report | Restoration of Exclusion Certificates for VAT and Income Tax collections for Import Operations
On February 27, 2025, the General Resolution 5655/2025 of the Tax Collection and Customs Control Agency was issued, published on February 28, which repealed General Resolutions Nos. 5.339, 5.441, 5.476, 5.520, and 5.624, and Articles 1, 2, and 3 of General Resolution No. 5.407. These resolutions had suspended the application of the Exclusion Certificates for collections of Income Tax and Value Added Tax in the case of goods importation operations since 2023.
The general resolution will take effect on March 1, 2025, and will apply to definitive imports completed from that date onwards.
Through this measure, importers who have outstanding credits for these taxes will see their tax burden reduced for their operations.
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