Argentina: Tax modifications and VAT collection system enacted

Posted on Updated on

Law No. 27,346 was enacted on 27th December 2016 by Argentina through publication in the Official Gazette. The Law makes several amendments to the Argentine tax regulations. The law adds a new VAT payment mechanism on services provided in Argentina by non-residents; modifies the personal income tax rules and the simplified system for small taxpayers; increases the corporate income tax rate for the purpose of gambling and betting activities; and introduces a new tax on speculative financial transactions.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s