Our Tax Department is managed by two independent professional teams. The first team is in command of Dr. Alberto Sánchez, and the second team is in charge of Mr. Laureano López López and Dr. Ruth Valle Garrido. Even though they work independently within the framework of the firm, and segmented by groups of customers, they interact permanently with the other Departments of the Company (Audit, Accounting, etc.).

They develop the activities related to national, provincial and municipal taxes and all types of encumbrances, rates, payments, etc., related to the insurance course of business, including the payroll taxes.

A detailed service description includes;

• Integral Advice

Technical support and integral advice regarding the legal effect and use of the polices in force for tax payments either national or provincial.
We provide full advice regarding taxes and charges that affect the activity.
This is made in the first place in general terms, by “memoranda”, reporting any new information to this respect, with a clear analyses of the rule under study, for the immediate and sure application thereof. Our customers update their tax base, aliquots, exemption concepts, deadlines, new tax incorporations, etc.
This Department answers (by email or phone) all questions related to any news or doubts of any kind that the customer may ask about in any specific case.
At the customer request, they Drw charts, in the case of provincial taxes, with the jurisdictional information of the aliquots and tax bases of the Gross Income Tax, Stamp Tax and WithDrwal Regimes on the Gross Income Tax.
This sector gives support to the customer whenever the situation exceeds the administrative route, through the corresponding analyses and suggestions that may arise.

• Tax Audit

Verifiaction of the liabilities arising from contracts undersigned with abroad beneficiaries (Example: Reinsurance) – Value Added Tax (configuration of the taxable event, maturity of the tax debit, computing of the tax credit); Income (withDrwals to abroad beneficiaries).

This Department carries out systematic quarter audits to grant consistency to the assets and liabilities related to taxes, aliquots and payroll contributions in the balance sheets thereof.
This labor includes the following:
Verification of all payments and affidavits, notes, etc. presented within the quarter.
Analyses of the liquidation of all and every tax: obtainment of the tax base, aliquots imposed, coverage of affidavits and notes.
Review of the withDrwals of the Value Added Tax, Income Tax and Gross Income Tax that the Company afforded in the period.
Verification of the presentation of information that may be required by the Controlling Authorities within the term established thereof.
Analyses of the items that may affect taxes, i.e. the assets of the Bank Credit Tax that may be cleared with taxes.
Verification of the trial balance.

• Special Works

Analyses of databases, subprograms and documents related to the issuance and collection of payments that contribute to the calculation of the tax base of the different charges and to the determination thereof.
Accounting advice to adjust account plans to the taxing necessities, focusing specially on revenue exemptions and expenses not deductible and/or accountable.
Tax forecasting through provisions to determine the annual impact of taxes (Income Tax, Presumable Minimum Income, etc). Analyses of the operations and particular composition of each Company to minimize tax impact.
Comparative analyses of the investments abroad for Reciprocity Agreements, assets and results encumbrances under Worldwide Revenue.
Tax defenses – National, Provincial and Municipal – based on our ample experience on the matter either administrative (Interventions and Determinations made by the court) or in the preparation of Reconsideration Appeals to the AFIP and/or Appeal before a National Tax Court or competent provincial authorities and pursuit before corresponding Courts of Appellate Jurisdiction, including The Supreme Court of Justice if applicable.
Every other advice and/or training of the staff related to these respects at the customer request.
The Tax Area works out special jobs, according to the guidelines mentioned in the agreement with the customer and at his request.
These tasks include:
The full payment of the following encumbrances:
Income Tax (annual)
Minimum Presumable Income Tax (annual)
Education and Cooperative Promotion Fund (annual)
Gross Income tax - Multilateral Agreement of the following jurisdictions:
AutonomousCity of Buenos Aires (annual)
Province of La Pampa (annual)
The annual determinations of the coefficient of encumbrances of the Gross Income Tax – Multilateral Agreement, that is enforceable to all jurisdictions, except the AutonomousCity of Buenos Aires, Córdoba, La Pampa and Mendoza.
The verification and certification of the annual affidavit of the Gross Income Tax (CM05).
The activities of the Tax Department also include the ones related to the Human Resources Department.
In this aspect there exists a relationship with the methodology in the Tax and Human Resources Departments.
We provide an integral support to the customers, by reporting them through memoranda about every new rule issued in relation to the labor market. In this way, we notify our customers about the modifications or alternatives that affect:
Contract of Employment Law
Additions and dismissals, lay-off, workers compensations, etc.
Salaries, compensations and charges.
Family allowances regime.
Other aspects
Likewise, every doubt or inquiry is answered by email or phone.
As regards quarter audits we make monthly liquidation of contributions and charges to healthcare Institutions, verifying the respective payments and presentations.