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Argentina: Extended compliance deadlines for transfer pricing

Argentina: Extended compliance deadlines

The Argentine tax administration today announced it was extending the deadlines relating to certain transfer pricing compliance obligations.

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The extension applies for taxpayers subject to transfer pricing reporting requirements with fiscal year-ends during the period December 2018 to April 2019. The new deadlines will be during the week of 16-20 December 2019.

Resolución General 4538/2019 (Spanish), published in the official gazette on 31 July 2019, states that the tax administration (Administración Federal de Ingresos Públicos—AFIP) has extended the deadlines related to certain transfer pricing compliance filings. The extended deadlines are intended to align the migration of the current filing system with new technology and to standardize the information reporting and to enhance the quality of AFIP inspections. These measures concern the transfer pricing rules as amended by Law 27.430 (December 2017).


KPMG observation

Tax professionals have observed that the extended deadlines may be an indication of certain challenges faced by the tax administration as it implements the transfer pricing compliance rules from Law 27.430 (December 2017). It is anticipated that new systems and requirements will be made available so that taxpayers have sufficient time to consider and implement their changes in filing (or in refiling) their transfer pricing reports and transfer pricing information returns.


For more information, contact a tax professional with KPMG’s Global Transfer Pricing Services practice in Argentina:

Marcelo Castillo | +54 11 431 65 891 | macastillo@kpmg.com.ar

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