Argentina Provides New Tax Payment Facility

Argentina has published General Resolution 4718/2020 of 15 May 2020, which establishes a new payment facility providing taxpayers preferential installment terms and interest rates for outstanding tax, customs, and social security obligations in light of the COVID-19 pandemic. The new facility is available for obligations up to 30 April 2020 and provides for payment in up to six equal monthly consecutive installments of at least ARS 1,000. Applications must be made by 30 June 2020 and the fir…