The provinces extended the expiration of the annual affidavit for the year 2022 of the Gross Income Mutilateral Agreement
By Dolores Olveira
16/05/2023 – 11,15hs
Every year, companies that sell in various provinces must submit an affidavit by the Multilateral Agreement that distributes the Tax on Gross Income, with the Form CM05. This procedure expired this month, but was extended until June 30.
Based on a request from the Buenos Aires Professional Council of Economic Sciences (Cpcecaba), the Arbitration Commission (Comarb) postponed the expiration of the annual affidavit of the Gross Income Tax of the Multilateral Agreement for the year 2022emphasized Gabriela Russo, president of the accountants union.
The Comarb is the entity in charge of the operation of the Multilateral Agreement between the provinces and the city of Buenos Aires for the distribution of the Gross Income Tax.
What is the extension and what coefficients are applied
The expiration of the expiration of Form CM05 operated between May 15 to 18, indicated the tax advisor Romina Batista, and specified that, by Provision 7/2023, there will be a deadline for the presentation of the period 2022 until June 30.
The measure recalls applying the unified coefficient in accordance with the provisions of RG No. 10/2019, which specifies how to calculate the tax when it is not possible to have the necessary information for the determination of the corresponding unified coefficient, indicated Batista.
The Comarb postponed the annual presentation of the Multilateral Agreement for the year 2022
Is that, When presenting the sworn declaration of the first advance of the calendar year, the coefficient that arises from the last balance closed in the immediately preceding calendar year may be applied from the 4th advance or the income and expenses determined in the immediately preceding calendar year will be addressed, as appropriate, and together with this advance, the settlements for the first quarter will be adjusted, he explained.
What is the Multilateral Agreement
He Multilateral Agreement is one more way to pay the Gross Income Taxsays a report by Calim, a digital accounting study.
It is a tax agreement between the government of the city of Buenos Aires and those of the provinces, through which the Tax on Gross Income is divided for taxpayers who pay taxes for more than one jurisdiction.clarifies.
As it is a provincial tax instead of a national one, there is a need for an agreement so that the taxes are not collected in an overlapping way, he warns.
Las Companies that are adhered to the Multilateral Agreement, must comply with the following obligations:
- Submit monthly sworn statements and pay them.
- Issue an annual sworn statement, known as CM05.
Gross income earned, economic activities and date on which billing began by province are reported.
The CM05 form reports the gross income accrued throughout the fiscal period for each of the provinces, the economic activities carried out by the taxpayer, and on what date billing began for each jurisdiction..
What is the procedure to present the CM05 form
The process to present and obtain the form CM05 of the Multilateral Agreement is carried out digitally, from the AFIP portal.
He Prerequisite to present the CM05 form is to be registered in the Multilateral Agreement. For this, the taxpayer must register in the Comarb web register.
To accomplish this iRegistration, it is necessary to enter AFIP with a tax code and register the service “Multilateral Agreement / web census” from the “Fiscal key relationship manager” menu.
The following are the steps to follow to complete the CM05 form:
- 1. Enter the AFIP website with your CUIT and Tax Code.
- 2. Enter the Multilateral Agreement service – SIFERE WEB – DDJJ (If you can’t find it, you must register it from the Tax Code Relationship Manager).
- 3. Next, select the CUIT with which you want to work (in this case, yours).
- 4. On the right, you will find a menu titled “Annual Affidavits (Form CM05)”. There you must indicate that you are going to make a new affidavit (from that same menu, you can also consult the ddjj already made).
- 5. Select the period to present, and click on “create new ddjj”.
- 6. Different options will be displayed that you must complete: data of your economic activity, total accrued income, percentage of billing for each of the jurisdictions, among others.
- 7. Once you have loaded all the information for the period, confirm and present the CM05.
