The treaty aims to eliminate double taxation and prevent tax evasion with respect to income and wealth.
The Argentine Senate approved the new income and capital tax treaty with Austria on 18 March 2026.
Signed on 6 December 2019, the agreement aims to eliminate double taxation and prevent tax evasion with respect to income and wealth. Senator Francisco Paoltroni emphasised that it is expected to enhance investment conditions and strengthen legal certainty in tax matters.
The treaty will enter into force upon the exchange of ratification instruments and will take effect from 1 January of the year following its entry into force.
The previous treaty between the two countries, signed in 1979, was terminated effective 1 January 2009.
Earlier, Argentina’s Chamber of Deputies approved the laws for the ratification of the income and capital tax treaty with Austria on 1 October 2024.
