Gaucho Group Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Accrued Expenses

Accrued Expenses

9 Months Ended

12 Months Ended

Sep. 30, 2019

Dec. 31, 2018

Accrued Liabilities [Abstract]

Accrued Expenses

6. ACCRUED EXPENSES

Accrued expenses are comprised of the following:

	September 30, 2019		December 31, 2018

Accrued compensation and payroll taxes	$	117,195	$	149,019
Accrued taxes payable - Argentina		225,352		292,535
Accrued interest		447,652		404,239
Other accrued expenses		241,123		339,574
Accrued expenses, current		1,031,322		1,185,367
Accrued payroll tax obligations, non-current		71,099		57,786
Total accrued expenses	$	1,102,421	$	1,243,153

9. ACCRUED EXPENSES

Accrued expenses are comprised of the following:

	December 31,
	2018		2017
Accrued compensation and payroll taxes	$	149,019	$	463,604
Accrued taxes payable - Argentina		292,535		63,550
Accrued interest		404,239		255,481
Other accrued expenses		339,574		217,886
Accrued expenses, current		1,185,367		1,000,521
Accrued payroll tax obligations, non-current		57,786		247,515
Total accrued expenses	$	1,243,153	$	1,248,036

During May 2015, the Company entered into a payment plan, under which it agreed to pay its Argentine payroll tax obligations over a period of 36 months. The current portion of payments due under the plan is $113,670 and $230,506 as of December 31, 2018 and 2017, respectively, which is included in accrued compensation and payroll taxes above. The non-current portion of accrued expenses represents payments under the plan that are scheduled to be paid after twelve months. The Company incurred interest expenses of $52,209 and $113,679 during the years ended December 31, 2018 and 2017, respectively, related to this payment plan.