The national government decided to exclude banking associations from the requirement to pay one percent (1%) on the CIF value of the merchandise as an advance payment of income tax., when it comes to letter of credit operations and import documentary collections, as established by General Resolution No. 4.278.
From the new standard, published this Monday (12.11.2018/XNUMX/XNUMX) in the Official Gazette, the Federal Administration of Public Revenue establishes the following modification:
«The transfer or assignment of transport documents must be reported to this Agency through computer registration, fulfilling the following requirements:
Both the transferor and the transferee must be registered and authorized as Importers/Exporters in the “Special Customs Registries” of General Resolution No. 2.570 and its amendments.
The transferor must have ratified the ownership of the goods.
The transferee must proceed to accept or reject the same, the latter situation allowing the transferor to register a new transfer.
The transfer registration will be carried out by the customs service when the transferor or transferee is not registered as an Importer/Exporter in the “Special Customs Registries” or is one of the natural persons indicated in section c) of Article 4 of General Resolution No. 2.744.
The Unique Tax Identification Code (CUIT)/Unique Labor Identification Code (CUIL)/Identification Code (CDI) or Passport number of the transferor must necessarily coincide with the CUIT/CUIL/CDI or Passport number of the subject who has the right to dispose of the merchandise consigned at the computerized registry level of the transport document in the Manifest Module of the MALVINA Computer System (SIM).
The transferor must pay ONE PERCENT (1%) on the CIF value of the merchandise as an advance payment of income tax, with the exception of the subjects included in Article 20 of the Income Tax Law, text consolidated in 1997 and its amendments, and the banking entities governed by Law No. 21.526 and its amendments, which are registered as "Guarantors - Entities Issuing Customs Guarantees" in the "Special Customs Registries" of General Resolution No. 2.570 and its amendments, provided that it involves operations with letters of credit and documentary collections of imports.
Notwithstanding the foregoing, the endorsement must be made on the transport document and the other formalities must be complied with, in accordance with current regulations.
The guidelines for computer registration and advance payment in transfers will be contained in the manuals for external and internal users, available on the microsite “Advance Information Module and Reengineering of the General Cargo Manifest-Sea Route” on the website (http://www.afip.gob.ar) and on the Intranet of this Agency.”
The amendment, signed by the head of the AFIP, Leandro Cuccioli, comes into effect today.
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