After launching the 4 series boprealArca enabled the use of Bopreal (Bonds for the reconstruction of a free Argentina) as a means of payment for Cancel tax and customs debts. While this is not new, if an operation is established on the process that must be done to use bonds as payment.
The measure, which was formalized through General Resolution No. 5,469 and complemented this week with operational details, It allows companies and individuals with debts accumulated by imports of goods and services provided until December 12, 2023 Use these bonds issued by the Central Bank as a form of cancellation. While this is not new, if an operation is established on the process that must be done to use bonds as payment.
BOPREAL: How the scheme works
The enabled bonds are the 1A, 1B and 1C series of the Bopreal, and will only be valid if they were issued between the entry into force of Decree 72/2023 and March 31, 2024, and if they have been expressly accepted by the collection agency.
To make use of this benefit, Bond holders must manage them through a SA values participanttransferring them to the organism account of the National Bank. Transfers will be irrevocable and, once the titles are accredited, Securities Box will inform the operation data, including the amount in pesos calculated based on a specific implicit exchange rate.
Key: What is the deadline for applying the Bopreal
The received bonds will be registered as electronic, non -transferable and non -negotiable bondsavailable on the web portal “Administration of fiscal incentives and credits”. There, taxpayers will be able to impute them to their tax obligations – both capital as interest and accessories – and also to payments related to imports through the Malvina computer system (SIM).
The deadline for using the bonds will depend on the year in which they have been transferred: who transferred them in 2025 will have time to apply them until December 31, 2030; Those who do so in 2026, until the end of 2031; and those of 2027, until 2032.
No returns or balances in favor
The resolution clarifies that in no case the imputations of these bonds They will generate balances in favor or reintegrates by the State. If they apply in excess to the payment of advances, they will only be computable to the limit allowed by the corresponding regime. The surplus may be used for future obligations, but always within the validity period of the bonus.
To do this, the taxpayer must manage an application through the service of “Digital presentations”, identifying the affidavit and the obligation to which the surplus wants to apply.
A relief for importers
The measure aims to decompress financial pressure on importing companies, many of which accumulated tax and customs debts as a result of currency access restrictions in recent years. By allowing the use of these bonds as a form of payment, The Government seeks to offer an additional instrument to normalize the fiscal situation of the private sector without compromising treasure resources. But, at the same time, it generates an additional effect that without stock is key: channeling the demand for dollars through this instrument.
The resolution enters into force since April 17, 2024.
Source: Ambito
