Argentina's New Cigarette Tax System: Increased Efficiency and Transparency

According to COMERCIO Y JUSTICIA, on July 15th, the Argentine Federal Public Revenue Administration (AFIP) announced the approval of a new application procedure called "Internal and Emergency Tax on Cigarettes - 6th Edition" on July 12th. This provision will be used by manufacturing companies and cigarette importers to determine internal taxes and emergency surcharges, while reporting monthly changes in stamps and fiscal control tools, which must be attached to each package or container sold.

According to General Resolution 5524/24-AFIP, the approval of the new procedure is in order to adapt to the modifications of Article 15 of the National Tax Law by Chapter VIII (Fiscal Measures for Fairness and Quality Adjustment) of Law No. 27,742. The modification increases the applicable tax rates on cigarettes and eliminates the minimum tax amount. Additionally, through General Resolution No. 2,445 and its amendments and supplementary documents, a procedure has been established for identifying and paying internal taxes on cigarettes and emergency additional taxes on cigarettes.

In addition, the new version of the program also takes into account intervention measures from the legislature and legal affairs, collection, oversight, taxpayer services, as well as the Systems and Telecommunications Department; this initiative by the Argentine Federal Public Revenue Administration aims to improve the efficiency and transparency of tax management, ensuring the smooth implementation of cigarette tax policies. With the approval of the new program, Argentina's cigarette tax system will become more modern and efficient.

According to reports, the new procedure will take effect the day after it is published in the official bulletin. It is worth noting that the application "Internal and Additional Emergency Tobacco Tax - 4th Edition" will continue to be valid for preparing sworn declarations during the accounting period prior to the enforcement of Law No. 27,742, the "Argentinean Freedom Foundation and Starting Point Act".