Between January and September 2024, the former AFIP reimbursed approximately $50 billion under the concept of favorable balances. However, many requests had been waiting for a response for several years. To manage these reimbursements, ARCA established deadlines and specific procedures.
According to ARCA, the interest on the total favorable balance indicated in the sworn statement of December 2024 will be calculated differently. From the date of submission of the declaration until January 31, 2025, interest will be applied to 66.67% of the favorable balance. Subsequently, from February 1 to February 28, 2025, the calculation will be made on the remaining 33.34%.
The resolution states that if the favorable balance for the period of December 2024 of the Tax for an Inclusive and Solidary Argentina (PAIS) is not reported before March 1, 2025, interest will not be credited and its use will not be allowed. Historically, delays in reimbursements generated uncertainty among taxpayers and an accumulation of pending requests.
Following the elimination of the PAIS Tax at the end of last year, ARCA explained the procedure for the reimbursement of favorable balances derived from this tax. Through General Resolution 5638/2025, the process for regularizing the tax credits accumulated from this tax was detailed.
The regulation establishes that the perception and settlement agents of the PAIS Tax who have collected excess perceptions can request the reimbursement of the generated favorable balances. For this purpose, a process will be implemented that will include offsets with other taxes and the application of interest on the accumulated amounts.
Those interested in requesting the reimbursement of PAIS Tax balances can do so by submitting the corresponding form to ARCA. This procedure will be available for the periods of December 2024 and from January to March 2025. It is important to note that the credits in favor must be used before May 30, 2025, under certain parameters established by the resolution.
