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

|Approved Changes|Argentina
Argentina

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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