Relevant News

• Assets Regularization Regime – Deferral and Amendments
• Reduction of PAIS Tax
• Regulation of Bases Law – Labor Matters
• Promotion of Registered Private Employment
• Access to Public Information

LEGISLATION

Decree 467/24 – Extension of Assets Regularization Regime´s Due Dates

By means of Decree N° 467/2024, the Executive Branch extends the expiration terms applicable to the voluntary Asset Regularization Regime created under Law 27.743.

General Resolution 5561/24 – “Asset Regularization Regime”

By means of General Resolution N° 5561/2024, Tax Enforcement Authority (AFIP) partially amends previous General Resolution N° 5528/2024 which provided, among others, the requirements applicable to the voluntary Asset Regulation Regime created under Law N° 27.743.

General Resolution 5567/24 – “Asset Regularization Regime”

By means of General Resolutions N° 5567/2024, Tax Enforcement Authority (AFIP) partially amends previous General Resolution N° 5528/2024 by providing, among others, that the in advance payment required for the Assets Regularization Regimen can be cancelled in US Dollars directly by transfer from a foreign account.

General Resolution 5563/24 – Compliant Payers of Personal Asset Tax

By means of General Resolution N° 5563/2024, Tax Enforcement Authority (AFIP) partially amends previous General Resolution N° 5535/2024 by providing, among others, that the application request in order to access the benefits provided for “compliant taxpayers” of the Personal Assets Tax can be submitted until October 31th, 2024.

Decree 777/24 – Reduction of “PAIS” Tax

By means of Decree N° 777/2024, the Executive Branch reduces from 17,5% to 7,5% the rate of “PAIS” Tax applicable to residents for the purchase of foreign currency destined to import of goods and/or transport services related to import and export activities.

Decree 847/24 – Regulation of Labor Matters under Bases Law

By means of Decree N° 847/2024, the Executive Branch regulates Titles IV and V of “Bases” Law N° 27.742, regarding Promotion of Registered Private Employment and Labor Modernization.

General Resolution 5577/24 – Promotion of Registered Private Employment

By means of General Resolution N° 5577/2024, Tax Enforcement Authority (AFIP) set forth the requirements, expiration dates and other conditions applicable to employers seeking to adhere to the Promotion of Registered Private Employment Regimen and payment facility plan created under “Bases” Law N° 27.742.

Decree 780/24 – Access to Public Information

By means of Decree N° 780/2024, the Executive Branch regulates Law 27.275 of Access Rights to Public Information by providing, among others, a stricter definition and reach to the terms “public information” and “document” provided therein, and further regulates and expands the exceptions to said right.

Decree 832/24 – Transport of Cargo by Land

By means of Decree N° 832/2024, the Executive Branch amends previous Decree N° 1035/2002 which regulated Law 24.653 of Transport of Cargo by Land, by elevating from 700 to 3.500 kilos the minimum weight of cargo destined vehicles in order to be considered included and reached by the terms and obligations of said regulations.

Resolution 273/24 – Costs applicable to the Registration and Transfer of Vehicles and Machinery

By means of Resolution N° 273/2024, the Ministry of Justice set forth several reduction of costs and expenses applicable to the registration and transfer of vehicles and agricultural and industrial machinery.

Communication A 8099 – Regulation of RIGI

By means of Communication “A” 8099, the Central Bank of Argentine Republic (BCRA) further regulates the Incentive Regime for Large Investments (RIGI) created under “Bases” Law N° 27.742.

LATEST NEWS IN THE HYDROCARBON SECTOR

Resolution 265/24 – Price of Bioethanol (sugar cane and corn)

By means of Resolution Nº 265/2024, the Secretary of Energy set forth a new minimum price for the acquisition of bioethanol obtained, respectively, from corn and sugar cane destined for mandatory mixture with petrol (under Law 27.640), applicable to operations performed as of September 1st 2024. The Resolution also provides that the term for payment of bioethanol shall not exceed thirty (30) running days as of the date of issuance of the purchase invoice.

Resolution 266/24 – Price of Biodiesel

By means of Resolution Nº 266/2024, the Secretary of Energy set forth a new minimum price for the acquisition of biodiesel destined for mandatory mixture with diesel (under Law 27.640), applicable to operations performed as of September 1st 2024. The Resolution also provides that the term for payment of biodiesel shall not exceed seven (7) running days as of the date of issuance of the purchase invoice.

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