Argentina
Taxation in Argentina
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Taxation In Argentina
What is the tax like?
The Federal Government, based on a progressive taxation of personal income, collects income tax in Argentina. Taxation in Argentina is based on an incremental scale:
- 9% on income between 0 and 10,000
- 14% on income between 10,001 and 20,000
- 9% on income between 20,001 and 30,000
- 23% on income between 30,001 and 60,000
- 27% on income between 60,001 and 90,000
- 31% on income between 90,001 and 120,000
- 35% on income of 120,001 and over
Corporate tax is paid at a flat rate of 35%.
For other partnerships, taxation is charged to each partner in accordance with an incremental scale ranging from 9 to 35%, dependant on the amount of taxable income.
Do I need to pay tax?
As Argentina taxes residents on income which they generate inside and outside of the country, if you wish to be a permanent resident you will owe tax. If you do not earn any income in Argentina then you are not required to pay taxes on income earned abroad.