COVID - 19 - Exceptional term to communicate companies’ reorganization

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Exceptional term to communicate companies’ reorganization

By means of General Resolution (AFIP) No. 4700, published in the Official Gazette on April 17, 2020, an exceptional 90-calendar-day term was set in addition to the 180 days –set forth in section 4 of General Resolution (AFIP) No. 2513- to comply with the obligations of taxpayers and responsible individuals who shall communicate the reorganization of corporations, goodwill, companies or businesses, set forth in section 80 of the Income Tax Law, as amended in 2019 and its modification.

The aforementioned additional term is applicable to those reorganizations whose original 180-day expiration had taken place as from March 20, 2020.