The Argentinean tax administration has enacted a new resolution Nº 4671/2020 postponing some of the effective dates of the implementation of the Digital VAT Ledger, locally known as “Libro de IVA Digital”. According to the Resolution, the new calendar of implementation will be as follows: For taxpayers with gross revenues during 2018 fiscal year between $2,000,000 and $ 5,000,000, compliance will start with the period of September 2020; for those with Revenues between $ 5,000,000 and $ 10,000,000, compliance will be required with the period of October 2020; and those with revenues above $10,000,000 will be required to start complying with the November 2020 period. The thresholds of these amounts are in Argentinean pesos. For more information click here.
ARGENTINA: New Calendar of Implementation of the VAT Digital Ledger
Ramón Frias
September 11, 2020
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Author
Ramón Frias
Ramon is a Tax Counsel on the Regulatory Analysis team at Sovos. He is licensed to practice law in the Dominican Republic and is a member of the Dominican Bar Association. He has a Certificate Degree from Harvard University as well as a J.D. from the Universidad Autonoma de Santo Domingo. Ramon has written a number of essays about tax administration and has won the first prize in the international essays contest sponsored by the Inter American Center of Tax Administrations (CIAT). Prior to joining Sovos, Ramon worked for more than 10 years in the Department of Revenue of the Dominican Republic where he served as Deputy Director. He is proficient in French and Spanish.
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