Argentina Provides Additional Opportunity for Advance Tax Payment Reduction and Increases Threshold for Special Procedures

The Argentine Tax Authority (ARCA) has announced improvements in the advance tax payment reduction regime. As provided by General Resolution No. 5211/2022, advance tax payments are generally based on the tax due in the preceding year. Under previous rules, taxpayers may request a reduction in advance tax payment amounts from the fifth installment (advance) if the estimated (actual) tax payabl…
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