background image

Argentina Extends Tax Regularization Scheme for SMEs Due to COVID-19 — Orbitax Tax News & Alerts

Argentina has published General Resolution 4690/2020 of 30 March 2020 in the Official Gazette. The resolution amends General Resolution 4667/2020 on the tax regularization scheme for SMEs introduced by Law 27541 in order to extend the regularization scheme, with certain amendments, due to the COVID-19 pandemic. This includes that the deadline to apply for the scheme is extended from 30 April 2020 to 30 June 2020. In addition, the initial required payments and number of possible installments are amended, which are generally more favorable than under the original resolution.

General Resolution 4690/2020 entered into force on 1 April 2020.