Resolution No. 625/2022 of the Secretary of Energy included new hydrocarbon ventures in the regime of tax and customs benefits created by Law No. 19,640 for the Province of Tierra del Fuego. The Regime refers to the Special Custom Area and includes: a) exemptions of federal taxes applicable to activities or operations to be performed in the Special Custom Area or upon goods located in the Special Custom Area; and b) customs benefits applicable to the reception or delivery of merchandise that a company located in the Special Custom Area can make from or to companies located in any of the other operative areas. The exemptions apply to income tax, value-added tax and excise tax.

General Resolution (AFIP) 5228, published in the Official Gazette on 7 July 2022, established the rules for the payment of the tax on online gambling. The rates applicable for the payment of the Tax were set forth by Decree 293/2022, published in the Official Gazette on 2 June 2022. The Resolution also included the list of the non-Argentine residents in charge of organizing/operating the online gambling subject to the Tax.

On 9 June 2022, Joint General Resolution No. 5205/2022 of the Federal Tax Authority and the National Mining Secretariat was published in the Official Gazette. Such resolution repeals Joint General Resolution 4428/2019 and sets the new regulatory framework applicable to subjects that have borne, in a fiscal year and in national jurisdiction, a total tax and/or tariff burden higher than what would have corresponded for being beneficiaries of the tax stability provided in Article 8 of the Mining Investment Law, and wish to request the refund or crediting of the amounts paid in excess according to the provisions of paragraph c) of Article 4° of Annex I of Decree No. 1,089 of 7 May 2003.

By means of Decree 293/2022 published on the Official Gazette on 2 June 2022, the Executive Branch ruled the tax on online gambling.

The federal tax authority (FTA) extended to 16 April 2021 the deadline for the presentation of the affidavit and the payment of the “solidarity and extraordinary contribution to help mitigate the effects of the pandemic” (“Contribution”) created by Law No. 27,605 (“Law”).

The federal tax authority (FTA) extended the suspension regarding the filings of tax foreclosure procedures until 31 May 2021 for micro and small companies and the taxpayers that develop economic activities that were critically affected.

In addition, for the rest of the taxpayers, the seizures on financial entities or on accounts receivable and the judicial intervention of cash were suspended until 31 May 2021.

In brief The federal tax authority (FTA) extended to 16 April 2021 the deadline for the presentation of the affidavit and the payment of the “solidarity and extraordinary contribution to help mitigate the effects of the pandemic” (“Contribution”) created by Law No. 27,605 (“Law”). Contents In more detail Who must…

Welcome to our first quarter issue of the Private Wealth Newsletter. Our featured insight for this issue is a discussion of the passage of the Corporate Transparency Act by the United States to introduce federally-mandated beneficial ownership reporting obligations for US corporations and limited liability companies. We also include insights…

In brief On 12 March 2021, Law No. 27,613 (“Law”) was published in the Official Gazette, through which an “Incentive Regime for Argentine Federal Construction and Access to Housing” was implemented, aimed at promoting development or investment in real estate projects carried out in Argentina. The main aspects that were…

In brief On 5 March 2021, the Federal Tax Authority (FTA) published General Resolution No. 4939 (“Resolution”) in the Official Gazette, through which the procedure for the registration, application and assignment of the Certificates of Fiscal Credit in Guarantee, within the framework of the Plan for the Promotion of Argentine…