Regulatory updates - Argentina

In December 2020, the Argentinian Tax Authority AFIP issued a General Resolution (Resolución General 4892/2020) which imposes an obligation to include a rapid response QR code in the e-invoices.

Implementation Timeline

The implementation has started since 1 March 2021 and will proceed in accordance with business categories. These categories are established based on the declared net taxes amount of 2020, as follows:

• 1 March 2021: More than 10 million ARS (ca. EUR 92.000)
• 1 April 2021: 10 million ARS ≥ net taxes > 2 million ARS (ca. EUR 18.500)
• 1 May 2021: 2 million ARS ≥ net taxes > 500.000 ARS (ca. EUR 4.600)
• 1 June 2021: 500.000 ARS ≥ net taxes

As of 1 June 2021, all taxpayers will be obliged to implement QR codes in their e-invoices.

Required Data for the QR Code

The QR code will have to codify such invoice information as the date of the emission, issuer CIUT number, total amount of the invoice, and receiver document number among other requirements.