Simultaneously with the birth of the Customs Collection and Control Agency (ARCA), the AFIP, before its decline, issued its latest regulations such as General Resolution 5,592 through which it reformulated the maturities of the advance payments of the Income Tax and the first and second advance payment of Personal Assets.
But, together with these modifications, it provides that the annual sworn declaration of Income Tax for individuals and undivided estates must be presented in the month of May, advancing by one month the due dates that had been established based on criteria of good administrative practice. agreed.
There are several reasons that prompted the choice of the month of June as the most suitable to comply with tax obligations.
First of all, it is worth remembering that before establishing the dates in the month of June, the maturities operated in the month of April, a practice adopted from the United States that for years was extremely inconvenient to promote good compliance given the difference in the structure. and organization of periods of full activity and rest.
While in the US the vacation periods occur between July and August, in Argentina they go from the end of December to February, so the taxpayer has four months from the end of the fiscal period in northern countries and two months in ours.
Finally, this reality was understood and it was decided to set the expirations in the month of June, which provides a similar period from the end of the vacation period.
The reason why the month of May was not chosen is because during that month there is an additional workload since the presentation of the sworn declarations of profits of legal entities (companies and others) whose balance sheets close in the month of May is due. December.
On the other hand, the choice of the month of June also plays in favor of the tax administration since it gives it more time to prepare the applications adapting them to the latest modifications that are sanctioned every year, for one reason or another.
Currently, there is no other way for the taxpayer and the advisors than to determine and settle the tax via the respective application, which, since it is not available in a timely manner, has historically generated the main reason for requests for extensions.
It may be that the central reason is to advance the collection despite having five advances where the last one expires in the month of April and then in May the resources are added for the presentations of companies and in June individuals.
With this scheme, the human taxpayer sees his tax burden decompressed, with one month between the fifth advance payment and the payment, if applicable, of the final balance of the sworn declaration.
Everything indicates that the authorities should review this decision. On the one hand, to harmonize it with our country characteristics; on the other to avoid overlapping expirations and thus improve compliance. Likewise, alleviate the tax burden by allowing you to plan the payment of taxes. And finally, because it seems that everyone benefits in this way.
Source: Ambito
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