As per regulation of Law No. 9428 as of September 1 2017, government will begin to collect the tax on corporations, and for 2017 the amount of payment will be partial and prorate for the current tax for this year.
This tax will be levied for all types of commercial companies, such as corporations, limited liability companies, limited partnerships, partnerships, individual limited liability company. Pymes registered as such in the Ministry of Economy, Industry and Commerce are exempt from the tax, and the small or medium agricultural producers registered in the Ministry of Agriculture and Livestock as well.
There are two categories of corporations, non active corporation is the one that is not registered as a tax payer in the tax office and does not have any commercial activity and active corporation is the one that is recorded with Tributacion and has commercial activity.
During 2017, only the prorate of it should be canceled, as detailed below.