On 19 October 2026, the Directorate General of Inspection of Legal Entities (Dirección General de Inspección de Personas Jurídicas) issued Resolution No. 12/2026 “T”, reglamenting Law No. 11.144/2026 which establishes a simplified regime for civil associations and foundations of reduced economic scale domiciled in Córdoba Province. The resolution amends the Unique Annex of General Resolution No. 50 “T”/2021, which regulates accounting documentation requirements for civil associations and foundations. It approves new informative documentation models mandated by Law 11.144, aligning reporting obligations with the simplified regime’s objectives. Law 11.144, published on 13 October 2026, designates the Ministry of Economy through the Directorate General as the enforcement authority, empowered to set access parameters and regulatory details. The simplified regime aims to reduce administrative burdens for small nonprofit entities while maintaining transparency and accountability. Entities qualifying under the economic scale thresholds will benefit from streamlined financial statement presentations, reduced audit requirements, and simplified tax reporting for Gross Income Tax purposes. The resolution enters into force upon publication in the Official Gazette.
Key Takeaways
- Simplified Accounting Models: Small civil associations and foundations must adopt new standardized documentation models approved by the Directorate General, replacing more complex reporting formats previously required.
- Economic Scale Thresholds: The Ministry of Economy will define quantitative parameters (revenue, assets, or activity volume) to determine eligibility for the simplified regime, directly impacting Gross Income Tax compliance obligations.
- Regulatory Harmonization: The resolution aligns the Directorate General’s requirements with the new law, ensuring consistent application across all small nonprofit entities in Córdoba Province.
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