On 28 June 2022, Argentine Official Gazette published General Resolution 5211/2022 amending the provisions on income tax advance payment. The resolution increases the thresholds for making advance payments from ARS 500 to ARS 2500. Companies are required to make 10 advance payments with the first advance payment equal to 25% of the tax due in the last year and the subsequent payments equal to 8.33% each.
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