New information regime for non remunerative allowances included in the remuneration of employees

General Resolution 3279 issued by the Tax Authority (“AFIP”), and published in Official Gazette on March 1, 2012, created a new information regime which sets the obligation for employers to inform the AFIP about non-remunerative allowances prior to perform the payment of the salaries.

Accordingly, General Resolution 3279 of the AFIP states that employers must report (i) non-remunerative allowances to be included within the salaries, (ii) the legal or conventional regulation in which they are based and (iii) the total amount paid for such items.

The registration of the information shall be made at the website of the AFIP (www.afip.gob.ar) throughout the application identified as “Non Remunerative Allowances Information Affidavit ".

General Resolution 3279 shall be effective from April 1, 2012 and shall apply upon the salaries paid as from that date.