Back to glossary
Tax AR

CUIT

Also known as: CUIL, Clave Única de Identificación Tributaria

Definition

CUIT (Clave Única de Identificación Tributaria) is Argentina's 11-digit tax ID, used by companies and independent workers. Employees have an equivalent code, the CUIL.

LATAM context

The number is written in three grouped blocks and ends in a check digit calculated from the ones before it, so a mistyped CUIT gets caught before it's used. The first two digits indicate the type of taxpayer and, for individuals, registered gender. It's the field that ties a bank account to its holder with the tax authority, and it shows up on invoices, contracts and in the header of business bank statements.

Concrete example

A company CUIT looks like 30-71234567-8; an individual's, like 20-12345678-9.

How it shows up on your bank statement

On Argentine statements the account holder's CUIT sits in the header, next to the CBU and company name. It shows up inside transactions when the counterparty included it in the transfer reference, common in business-to-business payments and rare between individuals.

How does finO$ handle this?

finO$ extracts the account holder's CUIT when it appears in the statement header, which lets it automatically group several accounts belonging to the same company even across different banks.

Need to convert bank statements into structured data?

Just one file? Use the free converter to convert your bank statement to Excel.

Frequently asked questions about CUIT

What's the difference between CUIT and CUIL?

They identify the same person under different regimes: CUIL applies to someone employed by another company, and CUIT to someone with independent activity or a business. A person can move from having a CUIL to needing a CUIT without the base number changing.

What is the check digit for?

To catch typos. Since it's calculated from the other ten digits, a mistyped number almost never produces a valid check digit, so the system rejects it before it gets tied to a transaction.