The tax transparency regime was modified and large companies now have to invoice under the new rules established by ARCA. What are the new features and how do they impact consumers?
With the arrival of the new year, the new fiscal transparency regime, by which companies and merchants must begin to discriminate on the invoice and sales receipt the Value Added Tax (VAT) and other tax charges, regulated by the Customs Collection and Control Agency (ARCA) via the General Resolution 5614/2024.
In this way, VAT – and other taxes – They will appear as separate items on the invoice. The measure is mandatory from this Wednesday, January 1 for large companies, while the The rest of the taxpayers will have an additional period until April 1 to adapt.
Supermarkets, for example, have already begun to apply the measure. And, as a consequence of this regulation, All receipts must have a line detailing the amount corresponding to VAT. Likewise, when they are issued by a large company (which details the organization on its page), they will also indicate the internal taxes that affect the final price paid by the consumer.
ARCA made changes: how it is billed from now on
Those taxpayers who already use electronic invoices through ARCA systems will automatically see the VAT discrimination reflected. from this Wednesday, January 1. “The organization will implement the necessary systemic adjustments,” ARCA promised.
Those who use new technology fiscal controllers will be able to continue using that equipment as long as they update the firmware (in the case of cash registers) or incorporate the information through the billing software (in fiscal printers).
The ARCA agency said that The objective is to “reaffirm the commitment of the national government to fiscal transparencyallowing consumers to know the impact of taxes on operations and to have information to make their commercial decisions with complete freedom.”
New bills: how the change impacts consumers
The consumers They will not have to do any operations, but on the invoice or purchase receipt you will find the legend “Consumer Fiscal Transparency Regime (Law 27,743)”, where the taxes previously detailed will be discriminated.
The Government also invited the provinces and the City of Buenos Aires to dictate the respective regulations so that final consumers are also aware of the incidence of the tax on gross income. and the respective municipal taxes in the formation of the prices of goods, locations and provision of services.
Source: Ambito
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