These changes, established through the General Resolution 5370/2023 and published in the Official Gazette midle Juneinclude the elevation of the threshold from which they apply withholdings.
These modifications, which will enter effective July 1will allow the thresholds to be “representative and objective” of the operations affected in each case, according to the AFIP.
VAT and Earnings: the detail of the measure
In the case of VAT and Income Taxwithholdings will be applied to merchants, landlords or service providers that use card payment systems, with the exception of microenterprises and those that use electronic payment services on behalf of third parties.
According to the new regulations, VAT and Profit withholdings will not be made when the amount to be withheld is equal to or less than $2,000, instead of the previous $900. In addition, the AFIP increased the minimum monthly amount for public service companies (energy, water, gas, fixed and mobile telephony) to inform the agency of their customers, going from $16,000 to $31,000.
On the other hand, in the case of the VAT collection regime for operations of sale of personal property, rentals and services that are paid with the delivery of grains not intended for sowing, the perception will be applied when it exceeds $3,800, instead of the previous $2,000.
Source: Ambito
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