In Argentina, Law 27,260, the amendment to the Income Tax Law (LIG) was published in the Official Gazette on 22 July 2016. The Income Tax Law consists of taxation of corporations, individuals and businesses.

Law 27,260 abolished the 10% withholding tax established by article 90 LIG which was applied to companies on the distribution of dividends and profits of the company.

Law 27,260 became in force from 23 July 2016.