Submission of the digital VAT ledger
The ARCA (formerly AFIP) in Argentina has introduced changes to the procedure for filing VAT returns through General Resolution 5591/2024. As part of these changes, 90% of taxpayers will now be required to submit the Digital VAT Ledger as the first step. This record must include the previously reported fiscal debits and credits.
Filing requirements and steps
After the submission of the Digital VAT Ledger, taxpayers must comply with several requirements and steps to file their VAT returns:
Integration with form F2002
The primary focus of the new procedure is the use of Form F2002 VAT by Activity. This allows the data from the Digital VAT Ledger to be automatically integrated into the VAT return.
Monthly submission
Once all obligations related to the Digital VAT Ledger are fulfilled, taxpayers must submit their VAT returns on a monthly basis, following the General Due Dates Schedule currently in effect.
Rectifications and corrections
For cases requiring amendments, corrections must first be made directly in the Digital VAT Ledger. This process ensures that the updated data is reflected in the final VAT return.
Implementation timeline
This new measure has been in force since late October 2024 and has been continuously applied. It is expected to remain in place unless further changes to VAT procedures are introduced.
What are the goals of the new procedure?
ARCA highlights that the new process is designed to optimize and simplify tax compliance for taxpayers by leveraging automation and pre-registered data.
Navigating tax obligations in Argentina
As tax compliance in Argentina grow increasingly complex due to ongoing reforms, staying compliant can be challenging. If you want your business to remain updated on the latest tax developments, contact Auxadi for expert assistance with your accounts.
Can Auxadi help?
Auxadi can become your ideal partner. We offer a one stop shop value added outsourcing services in the areas of accounting and reporting, tax compliance, payroll management and representation services, among others.
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All information contained in this publication is up to date on 2024. This content has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice.No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this content, and, to the extent permitted by law, AUXADI does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.