Argentina- Membership status on OECD Committee on Fiscal Affairs
Argentina signed an agreement on 26 June 2014 to become an associated member of the Organization for Economic Co-operation and Development (OECD) Committee on Fiscal Affairs
See MoreArgentina-UAE: Tax Treaty under negotiations
The Ministry of Finance of the United Arab Emirates has released negotiations for a tax treaty between Argentina and the United Arab Emirates are underway on June 17,
See MoreTreaty between Argentina and Mexico under negotiations
An initial round of negotiations for a double tax treaty between Argentina and Mexico is to take place from 21 to 25 April
See MoreSwitzerland signs new DTA with Argentina
Switzerland and Argentina have signed a new double taxation agreement (DTA). When it enters into force this agreement will replace the provisional agreement signed in 1997. The agreement contains provisions relating to the exchange of information
See MoreArgentina: Income tax changes relating to share transfers and dividends
Changes have been made in Argentina to the income tax treatment of securities, the transfer of shares and dividend distributions. On 7 February 2014, Decree 2334 was published in the official gazette. This Decree implements income tax changes as
See MoreArgentina reduces Tobacco Tax rate for the year 2014
Under Decree No 111/2014 of January 29, 2014, Argentina is keeping cigarillo excise duties at 7 percent, instead of the usual 21 percent rate. The reduced rate is applicable with retroactive effect from January 1, 2014, and is scheduled to expire on
See MoreArgentina: Highest tax to GDP in Latin America is reported
According to the Economic Commission for Latin America and the Caribbean (ECLAC), tax revenue in Argentina is the the largest and fastest growing among this region. The latest tax revenue-to-GDP data of Argentina was 37.3 percent, which put the
See MoreArgentina: White List Available
The Argentinian tax administration (AFIP) issued Resolution No 3576 on 7 January 2014, which makes public the white list of cooperative jurisdictions, effective from 1 January, 2014. Countries not in the white list are to be treated as “not
See MoreArgentina: Court Decision on withholding tax on commissions paid
Argentina’s Supreme Court has ruled that commissions paid by Argentine borrowers are Argentine-source business income and subject to withholding tax. The case was Hidroeléctrica El Chocón SA c/ DGI where Hidroeléctrica El Chocón (HEC), paid
See MoreArgentina: New income tax on specific exports
Argentina issued Resolución General N°3577/2013 on 7 January 2014 that establishes a new income tax (Impuesto a las Ganancias) on transactions where goods are exported to a foreign jurisdiction other than the jurisdiction billed for the
See MoreArgentina: New “white” list of countries published
Argentina’s Federal Tax Authorities (AFIP) issued General Resolution 3576/2013 (published in the Official Gazette on 31 December 2013 covering the new list of the countries, jurisdictions, territories and tax systems that are considered
See MoreArgentina: Transfer Pricing Documentation Requirements
From 3 January 2014 there is a monthly reporting requirement for certain domestic transactions on the Argentinian market using Form F968. The criteria for transactions to be included in the monthly report are similar to those that apply to foreign
See MoreArgentina-Spain DTA enters into force
On December 23, 2013, Argentina’s embassy in Spain confirmed that Argentina and Spain have exchanged instruments of ratification to bring the double taxation agreement (DTA) signed between the two nations into
See MoreIncome tax treaty between Argentina and Spain entered into force
The government of Argentina and Spain signed a new income tax treaty on 11 March 2013. In Argentina’s official gazette new laws published concerning the ratification and entry into force of the new treaty. Corresponding to Ley No. 24.080 of 23
See MoreArgentina plans to apply Luxury tax to preserve dollars
The government of Argentina is planning to increase the taxes on high-end cars and other imported luxury goods. A Bill has been sent to Congress with a view to implement this policy. The government is attempting to protect the country’s reserves
See MoreArgentina-Introduces surcharge on foreign currency
The Argentine Federal Tax Authorities (AFIP) issued General Resolution No. 3550/2013 which has become effective on 3 December 2013. The general resolution increases the scope of the reverse withholding surcharge which will be applicable to certain
See MoreNew DTA between Argentina and Switzerland
The governments of Argentina and Switzerland initialed a new double taxation agreement on 5 November 2013. The agreement will promote foreign investment and ensure legal certainty. If the final text of the agreement is approved by the two countries
See MoreTIEA between Argentina and Macedonia will enter into force
The government of Argentina and Macedonia signed a tax information exchange agreement on 26 April 2013. After completing necessary ratification procedures the agreement will enter into force on 17 December
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