AFIP has issued Resolution 5591/2024 dated 10/24/2024 (effective from 10/24/2024), which introduces changes in the filing and determination of Value Added Tax (VAT). Here are the most relevant details:
🔹 New Form F2002 VAT by Activity: This form replaces the procedure established by Resolution N° 3,711, automatically integrating data from the "Digital VAT Book" into the monthly declaration to streamline the process.
🔹 Automatic Data Integration: The form will be available on AFIP's website and will pull data from the "Digital VAT Book," facilitating declaration filing and reducing manual errors.
🔹 Monthly Filing Obligation: The tax return must be filed according to AFIP's due date schedule, once the "Digital VAT Book" for the corresponding period has been submitted. The resulting balance must be paid according to established deadlines.
🔹 Rectification Process: In case of rectification, taxpayers must first correct the "Digital VAT Book" for the affected period if there are modifications to fiscal debits or credits.
🔹 Effective Date: This will apply to tax declarations corresponding to October 2024 and onwards.
Brinta, through its tax compliance automation solution, can help you process this information efficiently and reliably. Our platform enables:
🔹 Automatic Data Validation: We compare "Digital VAT Book" data with other internal sources, such as accounting and financial reports, to ensure accuracy.
🔹 Value Reconciliation: Brinta cross-references values reported to AFIP with your company's internal records, reducing the risk of errors or discrepancies.
🔹 Real-Time Monitoring: Constant tracking to ensure tax obligations are met within deadlines.
🔹 Fully Automated Compliance: From data entry to reconciliation, we automate the entire process so you can dedicate time to other strategic tasks.
You can learn more about Brinta by contacting us here.