On 20 May 2021, the Chamber of Duties approved a revised draft bill, which introduces new progressive corporate income tax rates starting from 1 January 2021. The bill has been sent to the Chamber of Senators for final approval. According to the draft Bill, the progressive rate brackets on net taxable income are given below:
| Taxable income | CIT rate (in %) |
| Up to ARS 5,000,000 | 25 |
| ARS 5,000,001 to ARS 50,000,000 | 30 |
| More than ARS 50,000,000 | 35 |
This draft Bill also proposed a reduction of the withholding tax rate on dividends from 13% to 7% as from 1 January 2021.
