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Turnover tax: Each of the 24 Argentine subjects has its own turnover tax rate. On average, turnover tax rate is approximately 3% to 5%, taxes for industrial activities are 1.5% to 4% and 1% to 3% for primary activities. Stamp Tax; The taxes based on provincial level are administered by the provincial revenue agencies.
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
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 ...
Withholding taxes are often imposed at rates differing from the prevailing income tax rates. [201] Further, the rate of withholding may vary by type of income or type of recipient. [ 202 ] [ 203 ] Generally, withholding taxes are reduced or eliminated under income tax treaties (see below).
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 ...
(Reuters) - Argentine President Javier Milei said on Saturday he would apply a "significant" tax reduction if Congress approves a bill to reduce state intervention in the economy.
Europe map of the withholding tax rate (2023 data, from TradingEconomics). Most countries require payers of interest, dividends and royalties to non-resident payees (generally, if a non-domestic postal address is in the payer's records) withhold from such payment an amount at a specific rate. [13]
Argentina's government on Friday enacted tax and regulatory benefits for its auto industry in a bid to promote investment and boost exports. The law grants tax benefits for investments in ...