On 10 September 2026, the Dirección General Impositiva (DGI) officially established the valuation parameters for livestock (semovientes), wool, and crops in process as of 30 June 2026 through Resolution No. 2,097/2026. These values serve as the mandatory reference for determining taxable income under the Corporate Income Tax (IRAE) regime for the fiscal year running from 1 July 2025 to 30 June 2026. The resolution directly impacts agricultural producers, livestock operators, and agro-industrial companies by setting the statutory values that must be used in annual tax returns, replacing market valuations for specific tax purposes.
Key Takeaways
- Statutory Valuation for Tax Base: The fixed values eliminate discretion in asset valuation for IRAE purposes, ensuring uniformity across the agricultural sector and preventing disputes with tax authorities regarding inventory and biological asset valuations at fiscal year-end.
- Sector-Specific Application: The resolution covers distinct categories including cattle, sheep, wool stock, and crops in process, each with specific per-unit or per-hectare values that reflect DGI’s assessment of standard production costs and market conditions for the 2025-2026 cycle.
- Binding Legal Force: As a formal DGI resolution, these values are mandatory for all taxpayers liquidating IRAE for the specified period; deviations require substantive justification and expose companies to audit risk and potential penalties for understated taxable income.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement