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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.
A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets or an entity's net worth. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses , financial securities , and personal trusts (a ...
This is the list of countries by inheritance tax rates. Inheritance tax or estate tax is the tax levied upon the wealth of a person at the time of their death before it is passed on to their heirs .
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]
However, Scott Galloway, a renowned professor of marketing at NYU Stern School of Business, believes that if you want to build wealth, you should lower your tax bill by as much as possible.
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 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 ...
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 ...