ARCA may block plastics and transfers if certain requirements are not met.
Recently, the Central Bank of the Argentine Republic (BCRA) ordered the other banks to block the accounts that those people who have their Unique Tax Identification Code (CUIT) registered in the Untrustworthy Taxpayer Base of the Customs Collection and Control Agency (ARCA). This means that users will not be able to make payments by bank transfer or use debit, credit and prepaid cards.
Financial institutions must consult the database every month and block payments for those who are included. The objective of this is to prevent taxpayers who are part of the list from operating in the financial system.
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What is the ARCA Untrustworthy Taxpayer Base?
It is a list with the CUIT of those users who present irregular situations that could not be verified or verified. If a taxpayer is part of this, the agency will limit the use of certain services, such as the use of cards and the possibility of making transfers.
To get out of this situation, the taxpayer must send a digital presentation with the procedure “Administrative status of the CUIT. “In-person reactivation.” Once the procedure is completed, ARCA will analyze the case through the corresponding areas and determine whether you are suitable to leave the base or not. The decision will be communicated to the Electronic Tax Address of the owner of the CUIT.
How to avoid entering ARCA’s Untrustworthy Taxpayer Base
To avoid entering the “black list” of the former AFIP, taxpayers must meet the following conditions:
- Establish the electronic tax address.
- Register and accept biometric data.
- Update the activity code in the Registry System.
- Declare and update, when applicable, the tax address, as well as the addresses of the premises and establishments.
- Register taxes according to the legal form adopted by the person responsible.
- Have a minimum number of members according to the declared corporate type.
- Submit the determinative affidavits due in the last 36 months.
- Submit informative affidavits due in the last 12 months.
Source: Ambito
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