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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.
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
These figures have been shrunk after the application of the income tax. In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies. In some countries, social security, contributions for pensions, public schools, and health are included in these taxes.
On Monday, presidential spokesperson Manuel Adorni confirmed that the Administración Federal de Ingresos Públicos (AFIP), Argentina's tax bureau, will "cease to exist."
"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 ...
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]
The government said it will fund the bonuses with a tax on companies that saw "unexpected income" generated by the war in Ukraine. Argentina to help low-income earners cope with inflation Skip to ...