In this way, the Government establishes a regulatory framework for the issuance and use of VAT Tax Credit Certificates, facilitating the process for those involved in large investments and specific projects in the country.
The Federal Public Revenue Administration(AFIP) established the rules for the management of VAT Tax Credit Certificates through a new web service called “CERTIVA”.
This standard creates a digital system to manage VAT tax creditsespecially those related to tax incentives for large investments within the regime launched by the government of Javier Milei.
The measure focuses on the implementation of a new web service called “CERTIVA”. This service aims to simplify and digitalize the management of Value Added Tax (VAT) Tax Credit Certificates, which are instruments used in the different tax incentive regimes.
What is the main objective of this resolution?
As mentioned in the official text, the fundamental objective of this resolution is to modernize and optimize the processes related to Tax Credit Certificates. By implementing the CERTIVA service, authorities seek:
- Simplify procedures: reduce bureaucracy and facilitate interaction between taxpayers and the agency.
- Promote the use of new technologies: digitize processes and take advantage of the advantages of computer systems.
- Improve controls: strengthen surveillance and inspection mechanisms to guarantee the correct use of tax incentives.
- Increase efficiency: streamline procedures and reduce response times.
It should be noted that this resolution affects all those taxpayers who are involved in regimes that generate Tax Credit Certificates, such as the Large Investment Incentive Regime (RIGI). This includes both the issuing managers (who generate the certificates) and the receiving managers (who accept them).
Source: Ambito
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