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 Argentina VAT (IVA/IIBA) / WHT Tax Questionnaire
What are the Types of Taxes in Argentina
Impeusto al valor agregado (IVA) (Federal level VAT)
Impuesto sobre los ingresos brutos (IIBA) (Province Level VAT)

What are the IVA(Federal VAT)Standard Rate codes in Argentina ?

Standard Rate 21% (Goods & Service)
Higher - 27% (Tecom Water Electricity)
Exports - 0%
Reduced Rate - 2.5% (Medical and Adverstising )

What are the Local Provincials (IIBB) VAT Rates in Argentina ?

Commercial services: up to 4.5%
Industry and goods: up to 3%

What is the Frequency of VAT Filing in Argentina ?

Monthly

What is eFactura ?
It is an electonic invoice, need to interfaced to RECE Argetina Tax system
eFactura --> RECE Tax systems --> Approved by Govt with Electronic Authorization code)

What is the standard format used in RECE Tax system for Invoice procesing ?
XML format

Types of WHT (With Holding Taxes in Argentana and Tax Rates) ?

Federal WHT - Min 3% Max 31%
Provincial WHT - Min 7% - Max 13 %

What are the Tax Threshold on Goods & Services for Federtal and Provincial level?
Fedetal VAT on Goods - 300000 ARS Above is Taxable
Federal VAT on Services - 200000 ARS above is Taxable
Provincial VAT - no Threshold

What is VAT Perception

This is a federal tax. The current rates are 10,5% or 13,5% depending on the customer and/or
product classification. The VAT perception should apply only if the result is equal or higher
than ARS 21,30.
Gross Income (GI) Perceptions
These are provincial/state taxes. There are 24 provinces (regions) in Argentina

The customer specific exemptions are maintained at what level ?

Customer level - Control Taxb - via Tax Category available for only Argentina Customers

What are the Tax Categories used for VAT Perception / Gross Income (GI) Perceptions ?
PIV & JIF
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 SAP Vertex
Define Condition Types
Define Access sequence
Define Calculation Procedure
Assign calculation procedure to Country
Define Tax Codes and Tax Rates
Define Tax Accounts
assign Tax accounts condition types Calculation Procedure
a Rollout
18-Mar-20
Sudhakar
Bhanu.N
External
6.7  years
4.2 years in SAP
Rollout / Implementation : Yes/Impt No. of projects 2

AP = 0/5
VIM -0/5
Tax - 1/5
FSCM - 0/5
Banking  - 0/5
Treasury  - 0/5
GL - 2/5
Assets Accounting - 2/5
Product Cost -4/5
CCA - 4/5
PCA - 4/5
ap
fico opera Venkates Unisoft
tion hP 9yrs 4.2yrs Infotech 1month 9.35E+09 venkateshp.fico@gmail.com

SAP FICO
-Tax
13-04- Ramesh consultan
2020 ZTEX chandra t 9.87E+09 chramesh.dhasmana35@gmail.com
BCOM 9 years

Korlahall
i,Sameer
FICO- Subraha MUMB OFFSH
OPS 518920 manya Bench Deployable Bench AI ORE

Kashid,P
ournima Deploya Allocatio
FICO- Vishwan ble n CHENN OFFSH
OPS 671778 ath Bench Bench pending AI ORE
Bangalore
  Gurgoan MBA

30
Pioneer Days(Neg
Technoso otiable to
6 years ft Noida 6 LPA 30% Hike 15 days) Sudhakar

sudhakar
Sr. Financial
CDUSA Software MUMB MUMB Accntng
PSDF Engineer 12.2 2.7 AI AI SAP SAP & Oprtns

Sudhakar
Sr. Financial
CDUSA Software CHENN CHENN Accntng
PSDF Engineer 8.1 0.2 AI AI SAP SAP & Oprtns
Rollout / Implementation : Yes/Impt No. of projects 2

AP = 0/5
VIM -0/5
Tax - 1/5
FSCM - 0/5
Banking - 0/5
Treasury - 0/5
GL - 2/5
Assets Accounting - 2/5
Product Cost -4/5
CCA - 4/5
PCA - 4/5
Reporting - 3/5
Business Exposure: Good
Interviwed : 18-Mar-20Rollout / Implementation : Yes/Impt No. of projects 2