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Argentina implements ‘Digital VAT Book’

Argentina implemented a new system to electronically register sales, purchase, assignments, exports and imports of goods and services, locations and benefits, called the “Digital VAT Book”

Unofficial translation

RG 4597 AFIP establishes a system for electronic registration of sales, purchase, assignments, exports and definitive imports of goods and services, locations and benefits, called “Digital VAT Book”. Tax payers are obliged to electronically register their operations through this regime.

Electronic registration will be mandatory as of the month in which the status of the person registered or exempt in the value added tax is acquired or, if applicable, from the corresponding date as indicated below:

1. From October 2019, for those responsible for the value added tax who are authorized to make the simplified presentation of the “Digital VAT Book” in accordance with the provisions of Article 13 of this document, and that have been notified by AFIP to their Electronic Fiscal Address, regarding their inclusion.

2. From January 2020, for those responsible for the value added tax who are required to submit the Purchase and Sales Information Regime prior to 10/1/2019, and have made sales for an amount Total operations (taxed, exempt and not taxed) declared in the value added tax during the calendar year 2018 for an amount equal to or less than $ 500,000.-

3. From March 2020, for those responsible for the value-added tax who are required to submit the Purchase and Sales Information Regime prior to 10/1/2019, and have made sales for an amount Total operations (taxed, exempt and not taxed) declared in the value added tax during the calendar year 2018 for an amount greater than $ 500,000.- and less than or equal to $ 2,000,000.-

4. As of May 2020, for those responsible for the value added tax who are required to submit the Purchase and Sales Information Regime prior to 10/1/2019, and have made sales for an amount Total operations (taxed, exempt and not taxed) declared in the value added tax during the calendar year 2018 for an amount exceeding $ 2,000,000.-

5. From July 2020, for those responsible for the value-added tax who are not required to submit the Purchase and Sales Information Regime prior to 10/1/2019.

6. As of July 2020, for those exempt from the value added tax.

For periods up to June 2020 inclusive, electronic registration will continue as provided in Title II of General Resolution No. 3,685 and its amendments.

In order to electronically register the operations included, the subjects must enter the service called “PORTAL IVA”, through the institutional “website” (http://www.afip.gob.ar) with the respective Tax Code.

Read more: Blog del Contador

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