On 01 March 2019, the Federal Administration of Public Revenues (AFIP) has published General Resolution 4434 in the official gazette introducing an installment payment facility for tax liabilities in relation to tax assessments that are under appeal before the Federal Tax Court.
The payment facility plan will meet the following conditions:
- After accepting a tax assessment, taxpayers will be permitted make an initial payment equivalent to 10% of the tax liability;
- The maximum amount of installments to be granted up to 60 with a minimum installment ARS 1000;
- Interest will apply at a fixed rate for installment payments in the months of April to September 2019, in accordance with the Central Bank reference rate for deposits of ARS 20 million plus an annual 5% rate. For payments from October 2019, a variable rate applies based on the same reference rate plus 5%, adjusted quarterly.
Taxpayers indicted under the Customs Code or the Criminal Tax Law are excluded from the regime. The following taxes and payments are also excluded from this regime:
- VAT on services rendered by non-residents, including digital services;
- Gambling tax;
- Tax on liquid fuels, natural gas and carbon dioxide;
- Additional excise on cigarettes;
- Interest and fines on the aforesaid taxes;
- All types of advance tax payments.
The Resolution has been in force since 2 March 2019 and taxpayers can apply for the regime until 30 June 2019.
