By Law 27,630 (published in the Official Gazette on 16 June 2021), for fiscal years beginning on or after 1 January 2021, inclusive, the corporate income tax rates in Argentina are the following:
Net accumulated taxable income in Argentine Pesos (AR$)
|
|
|
|
|
|
|
Over AR$ |
To AR$ |
Tax due |
Additional rate |
Over the excess of AR$ |
|
0 |
5,000,000 |
0 |
25% |
0 |
|
5,000,000 |
50,000,000 |
1,250,000 |
30% |
5,000,000 |
|
50,000,000 |
|
14,750,000 |
35% |
50,000,000 |
In turn, dividend distributions are taxed at a rate of 7%.
The amounts set forth in the above scale shall be adjusted yearly, as of January 1, 2022, considering the annual variation of the Consumer Price Index provided by the National Institute of Statistics and Censuses. The new figures will be applicable for fiscal years beginning after each adjustment.
Mario E. Castro Sammartino
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