Saving dollar: how to ask AFIP for a 35% refund

Who can request a 35% refund for the purchase of saving dollar

According to the official site of the AFIP, those who can request the return of the 35% withheld in 2021 are those who:

• They are not registered in the income tax, nor does it correspond to them to carry out said registration.
• They are not registered in the personal property tax, nor does it correspond to them to carry out said registration.
• Work in a dependency relationship and are not subject to income tax withholdings from their employer as withholding agent.

For those who are not covered by Personal Assets and Income Tax, the steps to follow are:

1. First of all, report to the AFIP the CBU of the bank account in which the requested refund will be made and have the Electronic Tax Address established.
2. Go to service Refund of AFIP Earnings.
3. There they will meet again preloaded the perceptions practiced in 2021 and that they were informed by the perception agents to the AFIP. They can also be loaded manually as in the previous case.
4. You can follow the process until its completion, through the “Refund of earnings” service.
5. The amount of approved applications will be transferred for accreditation in the bank account reported by the taxpayer at the time of making the declaration of the CBU.

Dollar saves: what AFIP asks for

As to the necessary documents to request the return, the AFIP explains that it is due:

• Have a CUIT and tax code level 2 or higher.
• Inform the CBU of the bank account in which the requested refund will be made.
• Have the Electronic Tax Domicile constituted.

What is the term

General Resolution (AFIP) 4815 does not establish a deadline for the process. Consequently, by supplementary application of the Administrative Procedures Law No. 19,549, the term is 60 administrative business days. The AFIP must analyze each particular case. Those requests that must be referred to the inspection area will require a longer period for their resolution. Returns may be up to eight months from the request according to the 2020 experience.

HOW THE APPROVAL AND MONITORING OF THE RETURN IS CARRIED OUT

Once this procedure has been carried out, it is passed to an instance where the request can be approved or rejected if it is evaluated as “inadmissible”. The latter happens when:

The applicant has an active registration in the Income Tax and / or the Personal Property Tax, being the perception suffered on account of said taxes.

The applicant has suffered, in the period of receipt, withholdings of the Income Tax for his work in a dependency relationship or for income derived from retirements and pensions.

The applicant must register for the Income Tax.

Along the same lines, the request is approved when:

The applicant (human person) is the holder of registrable assets in an amount that creates a presumption of the obligation to register in the Personal Property Tax (airplanes, agricultural machinery, real estate, boats, automobiles)

The applicant (human person) does not record income during the calendar year or is not consistent with the expenses incurred in the period.

The applicant (legal person) is exempt from Income Tax. The inspection area must evaluate the consistency between the exemption and the expense that gave rise to the perception.

The applicant has manually entered a perception that is not reported in the AFIP records in the “My Withholdings” service.

Once the application is approved, the AFIP assures that “the amount will be transferred for its accreditation in the bank account duly informed by the taxpayer at the time of making the declaration of the CBU.”