The Federal Public Revenue Administration (AFIP)
reduced financing rates for SMEs
that must face plans to regularize their tax debts.
Resolution 5481/2024,
published today in the Official Gazette, reports on the announcement made on Monday afternoon by the Minister of Economy Luis Caputo.
Until now, through the current bimonthly update mechanism, the compensatory interest rates
had to be increased to 15.27% and the punitive interest rate to 17.62% as of February 1;
The AFIP decided to place them at 7.63% for micro and small companies and 9.16% for medium-sized companies.
On Monday afternoon the Minister of Economy had anticipated the initiative:
"Our intention is that in the future the AFIP will stop financing these plans,
but we understand that the transition to a country where SMEs can more easily access bank loans will take some time. ".
In turn
, through network
reduction of the financing rate of permanent plans".
"Starting in February, for those micro and small companies, the interest
will be reduced to 7.63% for micro and small companies, and for medium-sized companies to 9.16%
," he explained.
Luis Caputo
"It is the objective of this Organization to contribute to the voluntary compliance of the tax obligations of taxpayers and/or responsible persons, on the basis of which, it is considered pertinent to make certain adjustments with respect to the percentage applicable for calculating the interest rate for financing the tax plans. payment facilities -considering the current compensatory interest rate-, in order to strengthen the stimulus to the work of small and medium-sized companies," states the text signed by the head of AFIP, Florencia Misrahi.
Reduction in interest rates: when it comes into effect
The measure comes into effect from this Tuesday, but will apply to payment facility plans that are presented as of
Thursday, February 1, 2024,
according to the official text.
The AFIP recalled that through General Resolution No. 5,321, a regime of permanent payment facilities was established that allows the regularization of tax, customs and social security resource obligations - as well as their interests and fines -, the application of which, perception and supervision are in charge of that organization.
The Argentine Chamber of Medium Enterprises (CAME) celebrated the initiative through a statement: “Last week
we expressed to Minister Caputo the need to consider some differentiation
for micro, small and medium-sized companies.
The defaults incurred by MSMEs are due to the impossibility of making payments.
In no case is this a speculation regarding the market rate,” said the president of CAME, Alfredo González.
S.N.