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6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
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.
Withholding taxes are often imposed at rates differing from the prevailing income tax rates. [202] Further, the rate of withholding may vary by type of income or type of recipient. [ 203 ] [ 204 ] Generally, withholding taxes are reduced or eliminated under income tax treaties (see below).
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 ...
"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 ...
Federal withholding tax is a set amount of money withheld by your employer and paid directly to the government. Here's how much you'll pay in 2025.
As tax interest payments to lenders are lowered on an after tax basis, withholding taxes are not attractive from the perspective of a company. Therefore, in countries with higher withholding tax rates lenders demand higher before tax interest rates from debtors. Enterprises in countries with low withholding taxes can raise foreign debt at lower ...
Argentina's lower house on Tuesday passed a government-backed bill to cut taxes on high-income earners, a move that would erase about one trillion pesos ($2.8 billion) from state coffers in 2023 ...