The Federal Public Revenue Administration (AFIP) announced this Monday (6.5.2019) the General resolution 4477/2019 which allows taxpayers to join the new payment facility regime for tax and Social Security debts due on January 15, 31, starting on the 2019th of this month.
The new plan, whose regulations were published today in the Official Gazette, grants the possibility of regularizing unpaid periods linked to tax and social security obligations, and includes tax withholdings and collections.
The benefits of the initiative include a maximum rate of 2,5% per month for SMEs, self-employed individuals and freelancers, and a down payment of only 1% of the debt.
The maximum rate of 2,5% per month also applies to other taxpayers who make an initial payment of 20% of their debt; while those who opt for a 5% or 10% advance payment will not enjoy this benefit.
The first installment of the installment plan will be due on September 16, 2019, regardless of the date of entry into the plan.
The new plan will have a maximum amount of 60 installments, while the minimum amount for the down payment and the monthly installment will be $1.000.
This number of installments will apply to both SMEs and other taxpayers who make a 20% down payment; however, it may be up to 36 installments for those who make a 5% down payment and up to 48 for those who opt for a 10% down payment.
For the contributions of taxpayers who are not SMEs - and for larger ones who have not made the 20% down payment - the TM20 interest rate will be taken as a basis, which is an average of the interest paid by banks for fixed-term deposits exceeding $20 million.
The rate will be calculated every three months, based on its value in effect on the 20th of the month prior to each quarter. As an example, the rate for the October-December quarter of this year will be set at the value of September 20.
Taxpayers will be able to join the plan between the 15th of this month and August 31st of this year, except for those who opt for the 20% advance payment; in this case, the plan will only be available until June 25th.
Types of debts
In particular, the regime allows the following types of debts to be included:
-Tax and social security -including tax withholdings and collections- corresponding to taxpayers who register the status of Micro, Small and Medium Enterprises registered in the "Registry of MiPyMEs Companies" of the Ministry of Production and Labor. Also, for these debts of those taxpayers who do not register the status of MiPyMEs.
-Obligations corresponding to the Simplified Regime for Small Taxpayers and/or the Self-Employed Workers Regime.
It should be noted that cancellation through the payment plans of this regime does not imply any reduction in interest, nor the release of the relevant penalties.
This regime will also allow, as of June 1, the refinancing of debts included in the Puente II plan, which expired on January 31, with an initial payment on account and considering the outstanding balance.
However, advances, payments on account, interest from cancelled capital, additional emergency tax on the final sale price of cigarettes, tax on liquid fuels and natural gas, obligations linked to promotional regimes and specific tax on betting are not included in this payment facility plan.
This is a new step by AFIP in its quest to facilitate taxpayers in carrying out their activities and fulfilling their tax obligations.
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