Taking into account the characteristics and nature of the activity, in that the livestock consignees manage third-party funds, once the transaction is formalized, the consignee receives the respective funds from the buyer, then liquidating the corresponding amounts to their vendors-clients, depending on the agreed term condition.
Attentive to said operation, the consignees maintain a account exclusively affected for bank movements linked to the development of consignee activity (third-party funds) and another for movements by own operations, being prevented from transferring the tax to the check.
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Such circumstances, which imply that the tax falls on funds that are not its own, resulted in the Executive Power issuing the Disc. 897/21 and provide for the exemption of the tax on the credits and debits that are made in the accounts that are used exclusively by the consignees of livestock, that involve movements of funds from third parties, since 12/29/21.
The measure will prosper under certain conditions: that in which are registered and active in the Single Registry of Operators of the Agrifood Chain (RUCA), in which the human and legal persons that intervene in the trade and / or industrialization of the agri-food chains must register, and if applicable, in the Tax Registries of the AFIP for the Farm and Meat Production and Marketing Chain Operators or those that, in the future, replace them, indicates the decree.
Source From: Ambito
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