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Tax AR

AFIP (now ARCA)

Also known as: ARCA, Agencia de Recaudación y Control Aduanero, Administración Federal de Ingresos Públicos

Definition

AFIP (Administración Federal de Ingresos Públicos) was Argentina's tax authority until late 2024, when it was replaced by ARCA (Agencia de Recaudación y Control Aduanero). It administers VAT, income tax, Bienes Personales, monotributo and electronic invoicing.

LATAM context

Every Argentine individual or company has a CUIT or CUIL registered with the agency. Monotributo simplifies obligations for freelancers and small taxpayers, and electronic invoicing is mandatory for nearly every regime. The name change didn't alter these obligations: the AFIP acronym still shows up in documents, systems and bank descriptors, so in practice both names coexist. Bank statements are the source for reconciling automatic debits and monotributo payments.

Concrete example

A monotributista pays via automatic debit from their bank account. The statement shows this charge every month, identifiable by the concept "AFIP-MONOTRIBUTO".

How it shows up on your bank statement

On Argentine statements, payments to the agency appear as automatic debits labeled 'ARCA', 'AFIP' (many banks still use the old acronym in their descriptors) or 'MONOTRIBUTO', with monthly frequency and a stable amount. That regularity makes them easy to spot when reconciling.

How does finO$ handle this?

finO$ identifies automatic payments to AFIP and separates them from other expenses. Useful for freelancers and accountants handling monotributistas.

Related terms

CUIT

Where finO$ uses this

Extract Banco Galicia statements

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Frequently asked questions about AFIP (now ARCA)

Are AFIP and ARCA the same thing?

Same function, different name. AFIP was replaced by ARCA (Agencia de Recaudación y Control Aduanero) in late 2024. Many bank descriptors and documents still say AFIP, so when reconciling it's worth searching for both.

How do I identify the monotributo payment on my statement?

By the monthly automatic debit of a stable amount and the agency's label. If you changed category, the amount changes starting that month, which sometimes gets mistaken for a different charge.