**ARCA simplifies the process of calculating advance payments for companies based on their tax liability**
On this day, Resolution No. 5778/25 was published in the Official Gazette, establishing new rules for applying advances for the payment of corporate income tax. The companies may now initiate the process of reducing the advance payments. The companies may now initiate the process of reducing the advance payments based on the results of the previous quarter, as long as the process required a quarterly return of at least 25% of the quarterly tax or applications for the first quarter of the tax, which means that the total amount of the tax will be at least 40% of the estimated tax liability.
According to the changes, companies may now apply for a reduction in the advance payment under the following conditions: - **With the first quarter**: if the total amount of the tax is at least 40% of the estimated tax liability. - **With the second quarter**: if the previous quarter's result was at least 25%. - **With the third quarter**: in the final situations.
Furthermore, the agency has established minimum thresholds for controlling the advance payment. For taxpayers with a high tax liability, the limit is set at 250 million pesos, while for others, it is 200 million. These amounts will be adjusted annually with the inflation index published by the National Institute of Statistics and Census (INDEC).
The tax liability of companies is generally calculated based on the tax liability of the previous year. The initiative was aimed at improving the financial situation of companies in the event of a reduction in the tax liability on the goods.
