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Argentina Provides New Tax Payment Facility — Orbitax Tax News & Alerts

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 first installment is due on 16 July 2020, with subsequent installments due on the 16th of each month.