For SMEs, this resolution represents a series of advantages, as they have more time to organize their documentation and submit the sworn declaration and, if they meet the requirements, they will also be able to access tax benefits.
The Federal Public Revenue Administration (AFIP) has made it easier for small and medium-sized Argentine companies (SMEs) that own shares or interests in other companies to comply with tax obligations by extending the deadline for these companies to file their tax returns. of the Personal Property Tax corresponding to the papers they hold.
Main points of the standard
General Resolution 5539/2024 then expands the deadline for SMEs to submit their Personal Property Tax returns corresponding to the shares they own. To this end, the following information is available: a new computer program to simplify the process of filing and calculating taxes. This program allows SMEs that meet certain requirements to access tax benefits.
It also mentions benefits for compliant SMEs, since those that are up to date with their tax obligations and meet other established requirements can access a reduction in the tax rate.
What does this mean in practice?
For SMEs, this resolution represents a series of advantages, since they have more time to organize their documentation and present the sworn declaration.As mentioned, the new software makes it easier to calculate and file the tax.
And some savings too, as SMEs that meet the requirements can save money by paying less tax.
What should SMEs do?
Check if you qualify: You must ensure that you meet the requirements to access the benefits, such as having the certificate MSME and stay up to date with your taxes.
Using the new software: you will also have to download and install the software provided by AFIP to complete the tax return.
Source: Ambito
