Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 328

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 328
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   ​        (935,869)   ​        (668,029)   ​
Actions for recourse                                                ​            —   ​                —   ​              (7)   ​
Income tax on cash dividends of foreign companies                   ​      (6,114)   ​         (24,378)   ​          (7,134)   ​
Income tax benefit (expense) (*)                                    ​    (409,154)   ​          736,601   ​          179,733   ​
​                                                                   ​            ​   ​                ​   ​                ​   ​
Current tax                                                         ​     (10,904)   ​          (6,313)   ​          118,816   ​
Deferred tax                                                        ​    (398,250)   ​          742,914   ​           60,917   ​
Income tax benefit (expense)                                        ​    (409,154)   ​          736,601   ​          179,733   ​

(*)   In 2024 and 2023 includes $ 2,711 million and $(1,243) million, respectively, corresponding to the adjustment made in the Income tax affidavit of 2023 and 2022, respectively
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In 2024 and 2022 include $50,988 million and $126,066 million, respectively, corresponding to the adjustment made in the Income tax calculation of 2024 and the Income tax affidavit of 2021, repectively, which include, among others, the effects related to the full application of the tax inflation adjustment mechanisms detailed in “Income Tax – Inflation Adjustment for Tax Purposes”.

(**)   Includes $214 million in 2024 corresponding to a computable withholding arising from the subsidiary MFH, which is not subject to income tax.
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F-

TELECOM ARGENTINA S.A.

Income tax - Actions for recourse filed with the Tax Authority
During 2015 and 2022, Telecom Argentina filed actions for recourse with the AFIP to claim the full tax overpaid for fiscal years from 2009 to 2017 for a total amount of approximately $2,039 million plus interest, under the argument that the lack of application of the income tax inflation adjustment is confiscatory based on the similarities with the parameters put forward in the matter of “Candy S.A.” as in the matter of “Distribuidora Gas del Centro”, heard by the National Supreme Court of Justice