Argentina Tax updates 2025

• Increased Minimum Non-Taxable Amount: The minimum amount of assets exempt from the wealth tax has significantly increased from ARS 27,377,408.28 to ARS 100,000,000.  
• Reduced Tax Rates: The maximum wealth tax rate has been lowered, and further reductions are planned in the coming years, eventually reaching a single rate of 0.25% by 2027.  
• Home-Property Exemption Increase: The exemption amount for a taxpayer's primary residence has been raised from ARS 56,410,705.41 to ARS 350,000,000.
• Prepayment Regime: A special regime for wealth tax prepayment has been introduced, offering benefits like tax stability until 2038.

• Repeal of "Impuesto Cedular": The previous administration's measure to lower income tax on wages has been repealed, reinstating the previous income tax regime.
• Tax Amnesty and Moratorium: A tax amnesty has been introduced, allowing taxpayers to declare previously undisclosed assets with reduced tax rates. A tax moratorium is also available, offering interest reductions and payment plans for outstanding tax liabilities.  

• Differential Exchange Rate for Exports: A differential exchange rate has been established for certain export transactions.  
• Increased Tax on Certain Transactions: The tax on certain foreign currency transactions has been increased.  
• Reduction of Income Tax and Personal Assets Tax Reverse Withholdings: Reverse withholdings on certain purchases of foreign currency have been reduced or eliminated.

• The information provided here is based on currently available information and may be subject to change.
• It is recommended to consult with a qualified tax professional for personalized advice and to ensure compliance with the latest tax regulations.
  
  

  Argentina Millionaire's Tax

  
  December 2020
  Argentina passed on December 5, 2020 a new law imposing tax on rich people to enable relief measures against the coronavirus pandemic.
  The tax is expected to include around 12,000 millionaires having assets of more than 200 million pesos, about 2.5 million dollars.
  The tax rate will be 3.5% on assets located in Argentina and 5.25% on assets outside the country.
  
  

  Argentina Corporate Tax Cut

  December 2017
  According to a bill submitted to the Argentina's congress on November 15, 2017 the corporate income tax rate will be reduced from the current 35% rate to 30%, further down to 25% by the year 2020.
  
  

  Argentina Mexico Tax Treaty

  August 2017
  According to the DTA the tax withholding rates will be 10% 15% for payment of dividends, 12% for payment of interest and 10%/15% for payment of royalties.
  
  

  Argentina Isle of Man Tax Treaty

  June 2013
  The tax information exchange agreement which was signed by the two countries in December 2012 entered into force on May 4, 2013.
  The agreement was ratified by Argentina in January 2013 and by the Isle of Man in February 2013.
  
  
  
  

  Argentina Russia DTA Entry into Force

  November 2012
  The double tax treaty, DTA, between Argentina and Russia regarding double taxation on income and capital entered into force on October 16, 2012 after being ratified before by both countries.
  The DTA will generally effect taxes relating to income after January 1, 2013.
  
  

  ArgentinaSan Marino TIEA

  December 2009
  Argentina and San Marino signed on December 7, 2009 a TIEA, Tax Information Exchange Agreement, between the two countries.
  The new TIEA follows previous similar TIEAs signed by Argentina with Costa Rica ,Andorra, Monaco and the Bahamas.
  
  

  Argentina Bahamas TIEA

  December 2009
  Argentina and the Bahamas signed on December 3, 2009 a TIEA, Tax Information Exchange Agreement, between the two countries.
  The TIEA incorporates accepted international standards regarding exchange of tax information.
  The new agreement follows recent TIEAs signed by Argentina with Costa Rica, Andorra and Monaco.