When shipping through payment market, It is necessary to consider the tax situation of the taxpayer. The platform can apply withholdings that act as tax advances, which can then be used as credits when making corresponding payments. These amounts are calculated based on the total of each transaction and vary depending on the user’s registration in different tax systems.
The system includes associated deductions Total income and tax on loans and debts. Each case depends on your tax situation, declared economic activity and the jurisdiction in which you operate. People registered with provincial registers or with ARCA can allocate these amounts as tax credits.
Details of the deductions applied within the platform can be found, in the “Billing” section, in the section “tax information”, The “Tax Accounts” section and the “Deductions” section appear. The reason for each deduction and the regulations that support it are stated there.
Withholding of gross income: regulations and applicable scope
One of the most commonly used mechanisms for applying deductions is Computer collection system And monitoring credits in accounts payable (SIRCUPA). This system operates on transfers received by third parties and income credited to the Mercado Pago accounts of those included in the registry of participating jurisdictions. It is not appropriate to apply deduction when the transaction is carried out between the accounts of the same owner.
Circoba It works based on information provided by county coffers. Each jurisdiction sets the applicable rates through its COMARB Registry, which sets percentages that can range from 0.01% to 5%, depending on the activity and tax category of the taxpayer. The provinces adhering to the system are: Buenos Aires, Catamarca, Cordoba, Corrientes, Chaco, Chubut, Entre Ríos, Formosa, Jujuy, La Rioja, Mendoza, Misiones, Neuquen, Río Negro, Salta, San Juan, San Luis, Santa Cruz, Santiago del Estero and Tierra del Fuego.
Card deductions and consolidated operations: SIRTAC operation
In addition to SIRCUPA, Credit and Purchase Card Collection System (SIRTAC). This system seeks to standardize withholdings in transactions involving multiple jurisdictions, such that a single percentage is applied to each transaction. The rate is also determined using the COMARB standard, with a maximum of 5%.
the Attached jurisdictions SIRTAC includes Buenos Aires, Catamarca, Chaco, Chubut, Cordoba, Entre Ríos, Formosa, Jujuy, La Rioja, Mendoza, Misiones, Neuquen, Río Negro, Salta, San Juan, San Luis, Santa Cruz, Santiago del Estero, and Tierra del Fuego.
In cases where the taxpayer is not registered in any jurisdiction and makes sales in any of the above-mentioned provinces, a 3% deduction applies if ten or more transactions are registered and their turnover exceeds $200,000. This ratio is maintained until the taxpayer formalizes his tax registration.
Tax on balances and debts: who does it cover?
There is another possible withholding which corresponds to the tax imposed on Credits and debts. This system does not apply to natural persons, but only to legal entities. The tax is applied to various operations that take place within the platform, including:
- Sales and collections by any payment method.
- Purchases, payments and money transfers to third parties using the funds in the account.
- Income and credits from different payment methods.
- Cash withdrawals.
Prices depend on company characteristics and Operation type. Small, medium and large businesses each pay 0.6% on collections, payments and transfers to third parties. Regarding cash deposits and withdrawals, the scheme is different: large and medium-sized companies are taxed at 1.2% on withdrawals and 0.6% on cash receipts. Small and micro businesses are not subject to tax on cash transactions within this tax. Transfers between accounts of the same owner are exempt in all cases.
How to interpret discounts within the platform
Mercado Pago provides a detailed record of each withholding applied. In the department “Deductions” The associated tax, the jurisdiction applying it, the date of the transaction, the amount withheld and the percentage used are indicated. This information allows the transactions to be settled and the amounts used as a tax credit before the corresponding tax agencies.
The user can check whether it appears in the provincial records or in the multilateral agreement. In the event that you are not registered and are affected by larger than expected withholdings, the operational recommendation is to review your tax status prior to the jurisdiction in which the sales or services are made.
Impact on operations and tax considerations
Deduction structure in Payment market It is based on agreements with regional and national tax administrations. Each jurisdiction determines the register parameters, applicable percentages, and criteria for determining when to reach the taxpayer. Withholdings act as payments on account and do not represent final tax, so they must be reviewed and included on the corresponding returns.
The monthly deducted amounts may vary depending on the volume of operations, type of activity, and nature of the activity Financial condition. If changes occur in the registration or in the COMARB registry, prices can be updated automatically.
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