The Argentine tax authority (AFIP) has issued a release announcing the issuance of General Resolution 5391/2023, which provides for the introduction of an exceptional advance income tax payment obligation for certain companies in 2023. The advance payment is equal to 15% of taxable income without deduction for carry-forward losses. The obligation applies for companies that declared taxable income (tax result) of at least ARS 600 million (disregarding any losses carried forward) in the 2022 …