Argentina has extended the suspension of the initiation of prosecution proceedings for the collection of taxes to 31 December 2021 for certain SMEs and undertakings whose main activities have been severely impacted by the COVID-19 pandemic. Further, the suspension of enforced collection measures such as the seizure of bank accounts or receivables has been extended until 31 December 2021 for other taxpayers as well. The suspension of proceedings and collection measures was originally provided in response to COVID-19 in 2020 and has been extended multiple times, with a prior extension to 30 November 2021.

The latest suspension extension was provided as part of General Resolution 5101/2021 of 18 November 2021. As previously reported, the general resolution provided implementing rules for the tax debt forgiveness and extended regularization scheme under Law 27653 of 11 November 2021.