- Introduction of Simple VAT: ARCA has announced the upcoming implementation of the “Simple VAT” system, allowing the agency to upload taxpayers’ monthly data for their consent, simplifying the VAT filing process with a new affidavit form (F. 2051) that replaces previous forms.
- System Structure and Features: The “Simple VAT” system includes three main modules: Registration, Determination, and Balance to be Paid, which streamline VAT management. Taxpayers must register each economic activity separately, and while they can make adjustments to tax debits and credits, the main affidavit remains non-editable once submitted.
- Timeline and Support for Implementation: The system will be available for testing by professional entities starting May 15, 2025, with optional use for the accrued month of May and mandatory adoption by November. Professional organizations are collaborating with ARCA to provide training and dissemination of information regarding the new system among accountants across the country.
Sources
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