The Federal Public Revenue Administration (AFIP) extended until March 31, 2020 the validity of the permanent payment facility regime and suspension of embargoes, measures that expired at the end of this year.
The decision to extend the permanent payment facility regime "aims to guarantee the continuity of a financing mechanism for taxpayers affected by the economic crisis while access to the moratorium provided for in the Law of Social Solidarity and Productive Reactivation is implemented" indicated the organization this Sunday (29.12.2019) through a statement.
Likewise, extended until March 31, 2020 the suspension to block precautionary measures to Micro, Small and Medium Enterprises. In this way, "AFIP extends by three months the period previously provided for in the regulations with the aim of alleviating the situation of financial suffocation in which many companies find themselves."
The extension of the payment plan and the extension of the Suspension of embargoes during the first quarter of 2020 They will be implemented through two general resolutions of the AFIP that will be published in the Official Gazette.
The plan of facilities in force until March 31, 2020 contemplates the possibility of regularizing tax debts, social security resources and customs debts - as well as their interest and fines - due during the first three months of next year.
The plan establishes a maximum of up to twelve installmentsThe debt to be included must be manually entered into the My Payment Facilities System. To join the payment facility plan, taxpayers must meet the following conditions:
Have the Electronic Tax Address attached (only requires an email and a cell phone number).
Have submitted the sworn declarations determining tax obligations and social security resources for each fiscal period.
In addition, declare in the "CBU Declaration" service the Uniform Banking Code (CBU) of the current account or savings account from which the amount of each installment will be debited.
The suspension of the imposition of precautionary measures until March 31, 2020 benefits Micro, Small and Medium Enterprises, registered as such in the "MiPyMES Business Registry."
The extension of the deadline also applies to those taxpayers who are characterized in the "Registration System" as "Potential Micro, Small and Medium Enterprises - Section I and II"
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