The Federal Administration of Public Revenues (AFIP) modified partially the Value Added Tax (VAT) collection system established in February, raising the minimum amount of that operation for food sales from $60 to $3,000 (except meat, fruit and vegetables), drinks, personal hygiene and cleaning items.
The measure was embodied in the General Resolution 5334/2023published this Wednesday in the Official Gazette, which modify for “tax administration reasons” articles 8 and 11 of RG 5329 of February 10, which established a perception of 3% applied “on the net price of the operation that results from the invoice or equivalent document”.
In the facts, The measure implies raising the floor of operations included in the regime from $2,000 to $100,000, after a request from the Argentine Federation of Professional Councils of Economic Sciences (Facpce), in the sense of “postponing the implementation date” and “reviewing the minimum amount of the operations reached”.
The application date was maintained “for taxable events that are perfected as of April 1, 2023inclusive”, as specified in the original resolution, but the minimum amount rose from $60 (ie 3% of a $2,000 sale) to $3,000 (the same percentage for a $100,000 transaction).
The resolution modifies part of article 8which in its original wording designated as liable to the regime those registered officials who “acquire” food (except meat, fruit and vegetables), drinks, personal hygiene and cleaning items.
The amendment specifies the scope of those who “acquire and market, without any transformation”.
As for the article 11the last paragraph is changed, which now indicates that “it will correspond make the collection only when the amount thereof exceeds $3,000 (before $60), limit that will operate in relation to each of the transactions reached by this regime”.
RG 5329 implemented the Fiscal Monitoring Program with the objective of control sworn statements in real time submitted by the taxpayers and those responsible, in order to optimize the operational and control capacity of the AFIP through the incorporation of new modalities that allow to infer in advance the magnitude of the fiscal obligations.
Likewise, in its second title, established a VAT collection regime for the aforementioned products that are carried out between subjects that are responsible for those registered in the tax.
“This is not a new tax or an increase in VAT. It is a measure that seeks to protect consumers and ensure that the tax they pay on each purchase reaches the state coffers,” the portfolio holder said through his Twitter account, Carlos Castagneto and added: “The implementation of this regime has no relationship with the price paid by the final consumer, but refers to a form of VAT perception that today exists in the commercial relationship between producers, distributors and/or wholesalers with shops retailers”.
Source: Ambito
