Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 96

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 96
---
 and the write-off costs of PP&E and intangible assets and filed declaratory actions of unconstitutionality with the Federal
Court of Administrative Litigation Matters for each of the indicated years, independently from any administrative and/or judicial appeals
arising from tax audit processes commenced by the AFIP.

Finally, in 2022, the CSJN issued a favorable
ruling for TASA concerning fiscal periods 2008-2009, 2010, and 2015. Additionally, cases relating to the periods 2011-2012, 2013, and
2017 also have final and firm rulings in favor of the Company. Cases relating to the remaining fiscal periods are at different procedural
stages, with favorable first and second-instance rulings for fiscal period 2016, whereas in the case of fiscal period 2018, the First
Instance Court rejected the declaratory action of certainty, which decision has been appealed by the Company to the National Court of
Appeals.

On the other hand, TMA and its legal counsel have
analyzed the implications of the CSJN ruling in the Candy S.A. leading case and the numerous related rulings derived therefrom,
particularly the court’s favorable rulings for TASA regarding the recognition of the different inflation-adjustment mechanisms for
income tax determination in different fiscal periods. As a result, the tax returns for fiscal periods 2019 to 2023 include the deduction
of updated amortization installments and the write-off costs of PP&E and intangible assets acquired before fiscal period 2018. As
of the date of issuance of these Financial Statements, the Company has filed Declaratory Actions of Unconstitutionality with the Federal
Court on Administrative Litigation Matters for fiscal periods 2019 to and including 2023, to judicially validate this criterion. These
actions are at different procedural stages and are pending resolution by the respective first-instance courts.

The Company’s Management and legal counsel
believe that the Company has solid arguments to support the criteria applied in the periods indicated.

Finally, the tax provision for fiscal year ended
December 31, 2024 does not include the effect of updated amortization charges or the write-off costs of assets prior to January 1,
2018, nor does it include an adjustment of the computable tax loss. This is due to the fact that no determined tax liability is estimated,
and therefore the confiscatory requirement is not met on the terms of the above-mentioned the Candy S.A. and TASA