Uncollectible credits
The Treasury cannot create conditions not provided for in the law and thus prevent its deductibility. Uncollectibility is a constant phenomenon that is protected by the obligation to contribute so that this situation does not affect the company with greater damage than it already causes. The Supreme Court of Justice of the Nation (CSJN) has dealt with the issue recently. This is the precedent “DGI (in BBVA records, TFN 19.323-I)” dated 12.2.08 regarding the deductibility of uncollectible credits in Income Tax....