the AFIP established the requirements to reduce the advances of Earnings

It was also provided that the Micro, Small and Medium Enterprises that have a MiPyME Certificate may reduce income tax advances by an amount equivalent to 50% of the total amount paid for this assignment and defer its payment until the year 2023.

Now, the AFIP established that the advance payment reduction option may be exercised between January 10 and March 31, 2023, provided there is at least one unexpired advance payment at the time the reduction option is presented.

Also, Taxpayers must meet the following requirements:

• Possess the Unique Tax Identification Code (CUIT).
• Establish and/or maintain the Electronic Fiscal Address before the AFIP.
• Have the income tax registration.
• Keep updated in the “Registry System” the code related to the activity they carry out, in accordance with the Classifier of Economic Activities (CLAE).
• Have presented the determinative and nominative affidavit of contributions and contributions destined to social security corresponding to the period accrued December/2022, declaring at least one employee.
• Not having previously submitted a request to reduce advance payments in the fiscal period for which the option is exercised.
• Not having submitted the income tax affidavit corresponding to the fiscal period for which the option is exercised.
• Have at least one advance payment without expiration at the time of presenting the reduction option.

The request for reduction of advances must be formalized through the computer transaction “Advance Reduction” of the “Tax Accounts System” available on the website of the collecting entity, in accordance with the General Resolution. In addition, it should be indicated that the reduction corresponds to the computation of 50% of the total amount paid for the non-remunerative allowance.