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Argentina has a progressive tax on personal income that is collected as a deferred tax. It also has a flat rate tax on business income ( corporate tax ) - 35%. There is a stamp tax of 1.5% on the total value of real property , whether it gained or lost value, as opposed to just 1.5% applied only to realised capital gains.
The Federal Administration of Public Income (Administración Federal de Ingresos Públicos, mostly known for its acronym AFIP) was the revenue service of Argentina. It administered taxation. The AFIP made a deal with the U.S. Internal Revenue Service to share information in 2017. [3]
A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. [ 1 ] [ 2 ] Depending on the jurisdiction , revenue services may be charged with tax collection , investigation of tax evasion , or carrying out audits .
Argentine President Javier Milei announced plans to shut down the country's tax collection agency, a bold step in his ongoing effort to slash government spending and bureaucracy.. On Monday ...
"The national government will advance a significant reduction in taxes, starting with the country tax, a distorting tax," said Milei during an event in the province of Cordoba. ... Argentina's ...
BUENOS AIRES (Reuters) -Argentina's Economy Minister Sergio Massa said on Sunday the government will give workers tax relief from November by raising the threshold at which income tax is charged ...
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