The Argentine tax authorities (AFIP) released a general resolution (8 July 2020) revising the dates for compliance with submitting transfer pricing studies and related reports for prior years, in recognition of the challenges that taxpayers may encounter with regard to the coronavirus (COVID-19) pandemic.
A May 2020 general resolution finalized the transfer pricing compliance rules and provided a set of deadlines for submitting transfer pricing reports for past fiscal years that closed beginning from December 2018. Specifically, the deadlines were established for the submission of transfer pricing studies (filed with an affidavit on Form 2668) and Master file reports corresponding to the tax periods ending between 31 December 2018 and 30 April 2020 (inclusive). Read TaxNewsFlash
The July 2020 general resolution (Spanish) [PDF 192 KB] revises the deadlines for submitting transfer pricing studies to be filed by taxpayers or responsible parties according to the following schedule for tax periods closing:
The exact date for filing is based on the last digits of the taxpayer identification number (Clave Única de Identificación Tributaria (CUIT)).
The July 2020 general resolution further provides that the deadline for submitting Master files corresponding to past fiscal years (years that close in the period beginning after December 2018 and ending through August 2019 (inclusive)) are due in August 2020. The exact date for submitting the Master file is also based on the last digits of the CUIT.
For years after these special deadlines, the transfer pricing reporting due date will be in the sixth month after the fiscal year-end while the Master file will be required to be filed during the 12th month after the fiscal year-end.
For more information, contact a tax professional with KPMG’s Global Transfer Pricing Services practice in Argentina:
Marcelo Castillo | +54 11 431 65 891 | firstname.lastname@example.org
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