In practice, it did not involve major modifications. The result was a text that almost entirely replicates the replaced standard, with adjustments to the numbering of the last ordered text of the tax, with the updating of amounts and the incorporation of the Electronic Wallet from AFIP as another payment method.
Then, RG 5.388 reformulated the percentages of the 10 advances, equalizing the 10% for micro, small and medium-sized companies and maintaining for the rest a first advance of 25% and 9 of 8.33%. For individuals, the system of 5 advances of 20% was maintained, in both cases on the tax determined in the previous year less withholdings, perceptions and payments on account incurred.
For the subjects of article 73 of the Law of Income Tax (companies and others) it was established that they must pay the advances when the determined amount is equal to or greater than $2,500 (previously $500); while for individuals this amount rises to $5,000 (previously $1,000)
At the same time, the agency issued General Resolution 5,213, which modified its counterpart 2,151, which regulates the determination and payment of advances on the Tax on the Personal Propertymaintaining the determination regime (five advance payments of 20% of the tax determined in the previous year) and raised the amount from which each advance payment of the tax must be made from $1,000 to $5,000.
As can be seen, in all cases, carrying the values set in 2017 to 2022 meant multiplying those values by 5.
A period of relevant inflation
Approximately 27 months have passed since June 2022, a period of time in which inflation got out of control, reaching its highest peak in January of this year. The update factor will surely be much more than 5 times.
It is not necessary to go to the INDEC to notice the outdated information, just go to the supermarket.
Additionally, it should not be forgotten that the payment of advances is on one side and that withholdings and/or collections continue to occur on the other; that is, the tax is also being paid in advance. All of this, in a context of absence of recognition of value adjustments, for example General Resolution 830.
In this context, a Treasury committed to mitigating the tax burden on taxpayers should update these and other values in order to mark a trend toward that objective.
Source: Ambito
