Argentina: VAT billing systems requirements under simplified regime

The deadline for value added tax (VAT)-registered entities to comply with certain billing systems requirements has been extended through 31 December 2021.

Resolución General AFIP 5022/21 (Spanish) (published in the official 1 July 2021) extends the deadline until 31 December 2021 for those VAT-registered entities to adapt their billing systems so that they can issue "A" invoices to taxpayers adhering to the “simplified regime” (also referred to as “small taxpayers” or monotributistas). 

Resolución General AFIP 5003/21 (published 2 June 2021) previously provided that such invoices would no longer be identified by the letter designation “B” but by the letter designation “A” and that the issuing entities needed to separate the VAT credit with the following notation:

…el crédito fiscal discriminado en el presente comprobante, sólo podrá ser computado a efectos del Régimen de Sostenimiento e Inclusión Fiscal para Pequeños Contribuyentes de la Ley Nº 27.618.*

_{*An unofficial translation in English:”…the tax credit identified in this invoice may only be computed for the purposes of the Tax Support and Inclusion Regime for Small Taxpayers of Law No. 27,618”)}

The effective date for this measure is 1 July 2021. 

Consequently, Resolución General 5022/21 provides that for the period 1 July 2021 through 31 December 2021, VAT-registered entities that do not have adequate billing systems (pursuant to Resolución General 5003/21) must identify monotributistas as “Receptor del comprobante - Responsable Monotributo” (“receiver of the invoice - monotributo taxpayer”).  

This requirement will be considered as having been satisfied with a notation written on the invoice and by means of a stamp, a self-adhesive sticker, etc., at the time of the issuance, delivery or availability of the invoice.

For more information, contact a KPMG tax professional in Argentina:

Hernán Caire | +54(11) 4316 5737 | hcaire@kpmg.com.ar