Income Taxes – Personal Assets and Shares and Stockholdings – PBA Adhesion to the Regime for the Promotion of the Knowledge Economy
By means of Decree 298/2022, amendments to the Income Tax Law are…
International operations
New paradigms of international taxation
In Focus – International Taxation At Andersen in Argentina we share our knowledge, vision and analysis of the main current issues. Get to know them and find out how they benefit your business. With this first installment, we begin an informative section on the main advances in international taxation, whose trends may mark future tax … Read more
In Latin America, automatic exchange of information with the U.S. is in force in Brazil, Colombia, Costa Rica, Honduras, Mexico, Panama, Peru and the Dominican Republic.
There was no success in the negotiation for the signing of a bilateral intergovernmental agreement (IGA) between the Internal Revenue Service (AFIP) and the U.S. federal tax collection agency, the Internal Revenue Service (IRS), for the automatic exchange of financial information. This has frustrated the Argentine government’s expectations of receiving packaged online information on Argentines … Read more
Access to the foreign exchange market for import payments
By means of Communication A 7622 the BCRA informs that as from today 17.10.2022 the entities will be able to give access to the foreign exchange market for the payment of imports declared in the SIRA. Likewise, the entities must consult, in the online system implemented by the BCRA for such purposes, the status of … Read more
ARBA: Audits in Digital Format. National: Knowledge Economy. Investment promotion for exports.
ARBA digitalizes the “acknowledgement of receipt” for compliance with requirements and the “Acta de comprobación”. Through Regulatory Resolution 24-2022 ARBA, in order to move forward with the digitalization of the proceedings through which individual audits and ex officio and/or summary determination procedures and subsequent stages are processed, in this instance implements the “Acknowledgement of receipt” … Read more
Is there an exchange of financial information with the United States of America?
In Latin America, automatic exchange of information with the U.S. is in force in Brazil, Colombia, Costa Rica, Honduras, Mexico, Panama, Peru and the Dominican Republic. There was no success in the negotiation for the signing of a bilateral intergovernmental agreement (IGA) between the Internal Revenue Service (AFIP) and the U.S. federal tax collection agency, … Read more
Complementary information regime for international operations.
On December 27, 2022, the General Resolution (AFIP) Nr. 5306/2022 which establishes a new regime of complementary information on international transactions. It expressly repeals General Resolution No. 4838/2020, called the tax planning information system, which was highly questioned because it contained provisions on the liability of administrators and professionals involved in international operations. The information … Read more
Registry of Foreign Passive Entities. Incorporation of Trusts – Information regime for financial and non-financial trusts. Adequacies.
Registry of Foreign Passive Entities. Incorporation of foreign trusts. The AFIP incorporates in the Register of Foreign Passive Entities the obligation to report also trusts and other foreign entities assimilated to them. Precisions are established regarding deadlines, information and procedures to be followed in order for taxpayers and responsible parties to comply with this regime. … Read more
Perspectives on Transfer Pricing in Latam 2023 – November.
We share our latest quarterly analysis on Transfer Pricing in Latin America. In this report, we delve into key dynamics, regulations, and emerging trends shaping the financial landscape in the region. Access the Report Here What will you find in the report? You will learn about key trends that could have a significant impact on … Read more