Extension of the ATP Program: New Requirements and Registration

1. Extension of the ATP program (DECAD 1133/2020)

Through DECAD 1133/2020, the Chief of the Cabinet of Ministers extended the ATP Program according to the recommendations made by the Assessment and Monitoring Committee of the Emergency Assistance Program for Work and Production in Act No. 15, in accordance with the following parameters.

 

A. Reduction of employer contributions destined to the retirement plan corresponding to June salaries

For companies that carry out critically affected activities (according to the list attached in Act No. 4; in Point 2.3 of Act No. 5 or in Point 6 of Act No. 13).

 

B. Postponement of employer contributions corresponding to June salaries

For companies that, regardless of the number of workers, carry out as their main activity any of the those included in the Committee Minutes as per the Administrative Decisions issued to date.

 

C. Complementary salary June 2020

i. Critically affected companies

It will consist of 50% of the net remuneration received in April 2020, with a minimum of one Minimum Wage and a maximum of two.

 

ii. Rest of the beneficiaries

Companies that conduct business in areas affected by the Social, Mandatory and Preventive Isolation

As in the prior case, it will consist of 50% of the net remuneration received in April 2020, with a minimum of one Minimum Wage and a maximum of two.

 

Companies that conduct business in areas affected by the Social, Mandatory and Preventive Distancing

It will consist of 50% of the net remuneration received in April 2020, with a minimum and maximum of a Minimum Living and Mobile Salary.

In all cases, remunerations above ARS 140,000 are excluded.

 

iii. Requirements

General requirements

They remain the same as those that were established for the prior stages of the Program. The comparison of the invoicing will be made with respect to the month of May 2019.

 

Additional requirement for companies with more than 800 workers

Additionally, with respect to companies with more than eight hundred (800) workers as of 02/29/20, the fees, salaries or advance payments for the members of the board of directors must not be increased in more than five percent in pesos. Additional payments, bonuses or extraordinary fees related to the fulfillment of results are included within the same limitation.

 

2. AFIP GR. 4746/2020

In accordance with the provisions of DECAD 1133/2020, the Argentine Tax Authority reopened the registration of beneficiaries until July 3, 2020, for all of those who seek access to the extension of the benefits of the ATP Program.