What does the AFIP resolution say about advance earnings for 190 large companies
AFIP Earnings Resolution
In this sense, the advance seeks to shore up the collection, deepening the “controls on the sectors with the greatest contributive capacity”, to “reduce the negative impacts on the most vulnerable sectors of the population.”
In addition, it clarifies that due to the current tax regulations, “in certain cases, the calculation of accumulated losses from previous years produced the annulment of the tax result, with the consequent lack of determination of the tax of one or more fiscal periods and the consequent suppression of the extraordinary impact of the current year”.
The advance must be paid by those companies with a tax result -without applying the deduction of tax losses from previous years- that is equal to or greater than $600 million.
In this way, you will reach 190 companies, equivalent to “less than 1% of the total number of legal entities that submit tax affidavits”. Companies that have a tax exemption certificate are excluded.
The companies reached must consider the sworn declaration of Profits corresponding to the fiscal period 2022, in the event that the year-end was between the months of August and December of that year, inclusive.
Meanwhile, those firms whose closings have operated between the months of January and July of this year, must take into account the affidavit of Profits corresponding to the fiscal period 2023.
The payment on account will be computable in the fiscal period following the one taken as the calculation basis. The 15% advance may be paid in up to three installments, depending on the company’s year-end date.
The expiration dates for the signatures closing between August and December of last year will be between August and October next. Those that closed between January and May of this year, must pay in December, January and February; while they did it in June, they will do it between January and March of next year.
The quotas for the companies that closed the financial year this month of July will have an expiration date in February, March and April 2024.
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2023-07-22 00:27:51
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