GROSS INCOME: THE COURT RULED IN FAVOR OF A COMPANY WITH A MULTI-MILLION DOLLAR CREDIT BALANCE AND PUT THE PROVINCIAL TAX SYSTEM UNDER SCRUTINY
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✍️ A recent judicial ruling in Argentina has put the provincial tax system under scrutiny, highlighting the issue of excessive retentions and perceptions by the Comisión Arbitral del Convenio Multilateral (COMARB).
👉 The Comisión Arbitral del Convenio Multilateral (COMARB) has been applying excessive retentions and perceptions to companies in Argentina. 👉 The recent judicial ruling has stopped the COMARB from deducting more money from a company's bank accounts and has also prevented it from collecting more Ingresos Brutos in importation offices. 👉 Many companies in Argentina have been facing similar issues with excessive retentions and perceptions. 👉 The provincial tax system has been creating multiple retentions and perceptions, which have become the norm rather than the exception. 👉 Companies are accumulating large amounts of money in favor of the state, which is not being used to benefit the economy.
-- #DiegoFraga #MarianoGhirardotti #AlejandraSarni #Argentina #Chaco #politics
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