Argentina extends tax amnesty opt-in deadlines
Argentina’s Executive Branch issued Decree 864/2024, which extends the deadlines to opt for the tax amnesty regime, published in the Official Gazette of 30 September 2024. The tax amnesty regime was introduced by Law 27,743 setting new
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Argentina: Budget Bill 2025 proposes scrapping foreign currency purchase taxÂ
The Argentine National Executive Branch presented the 2025 Budget Bill to Congress, which made no significant changes to the current tax framework except for eliminating the tax on foreign currency purchases (PAIS tax rate) starting 1 January
See MoreArgentina, Turkey tax treaty enters into forceÂ
The income tax treaty between Argentina and Turkey came into effect on 13 September 2024. The treaty applies from 1 January 2025. Signed on 1 December 2018, this treaty is the first between the two nations. Earlier, Argentina ratified the tax
See MoreArgentina ratifies income tax treaty with Turkey
Argentina has ratified the pending income tax treaty with Turkey on 9 September 2024. The announcement was made in Law 27754, published in Argentina’s Official Gazette. The Argentina-Turkey tax treaty, signed on 1 December 2018, is the first
See MoreArgentina lowers tax rate (PAIS) on foreign currency for imports and freight services
The Argentine National Executive Branch published Decree 777/2024 in the Official Gazette on 2 September 2024. This decree amends the tax rates applicable to certain foreign currency purchases (Impuesto PAIS) related to payments made abroad for
See MoreArgentina, Vietnam negotiating income tax treatyÂ
Argentina and Vietnam have initiated negotiations for an income tax treaty, according to various reports. The aim of establishing a double tax treaty is to eliminate double taxation and avoid tax evasion between the two countries. Both nations
See MoreArgentina annuls intermediary withholding of VAT, income tax
Argentina’s tax authority (AFIP) announced, in a release, that the withholding regimes for value-added tax (VAT) and income tax on electronic payments will be repealed, effective from 1 September 2024. This follows after Argentina’s Ministry
See MoreArgentina introduces regulations to incentivise large investments
Argentina’s Executive Branch, through Decree 749/2024, has approved regulations under the RIGI - the Incentive Regime for Large Investments, as outlined in Law 27,742, on 23 August 2024. The RIGI regime aims to generate the conditions of
See MoreArgentina sets deadlines for new tax, customs, social security regularisation
The Argentine tax authority (AFIP), in a release, on 15 August 2024, provided clarification about the "My Facilities" system, which taxpayers must utilise to participate in the regularisation regime for tax, customs, and social security obligations
See MoreArgentina: Foreign affairs committee approves BEPS agreement
Argentina's Chamber of Deputies' Budget and Finance Committee approved the draft legislation for ratifying the Multilateral Convention to Implement Tax Treaty-Related Measures to Prevent Base Erosion and Profit Shifting (MLI) on 31 July,
See MoreArgentina establishes public beneficial ownership registry
Argentina’s tax authority, Federal Public Revenue Administration (AFIP), in a release, announced the enactment of the Public Registry of Final Beneficiaries under General Resolution No. 5529/2024 on 19 July 2024. The provisions of the Act are
See MoreArgentina removes five countries from non-cooperative jurisdictions list
Argentina has issued Decree 603/2024 of 10 July 2024, updating the list of non-cooperative jurisdictions for tax purposes as defined under Decree 862/2019. In this revised non-cooperative jurisdictions list, it removed Burkina Faso, Benin, Papua New
See MoreArgentina publishes new reform laws and regularisation regimesÂ
Argentina has published new reform laws - Law of Bases and Starting Points for the Freedom of Argentines ("Ley de Bases y Puntos de Partida para la Libertad de los Argentinos") and the Law of Palliative and Relevant Fiscal Measures ("Ley de Medidas
See MoreArgentina passes tax reform bill
Argentina’s lower house of Congress (House of Representatives) approved the first tax bill requested by the new Executive Branch into law on 28 June, 2024. The outcome of the parliamentary procedures includes a moratorium tax regime for debts
See MoreArgentina sets reporting deadline for CRS and FATCA
Argentina's tax authority issued General Resolution 5517/2024 on 26 June, 2024, in which it announced the exceptional extension deadline for the 2023 CRS and FATCA reporting. The new deadline is now set for 31 July, 2024. Submissions made
See MoreArgentina approves reform bills with major investment incentives
Argentina's House of Representatives announced it approved the Law of Bases and Starting Points for the Freedom of Argentines (Ley de Bases y Puntos de Partida para la Libertad de los Argentinos) on Friday, 28 June 2024. The law introduces a new
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Czech Republic, Argentina to sign tax treatyÂ
The Czech Republic announced, in a release on 24 June 2024, that it had started negotiations to sign an income tax treaty with Argentina. Argentina is a traditional economic partner of the Czech Republic in Latin America. Last year, it was the
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Argentina, Tunisia end tax treaty negotiations
According to a release from Argentina's Ministry of Foreign Affairs, International Trade, and Worship, officials from Argentina and Tunisia convened on 11 June 2024 to discuss an income tax treaty. Foreign Minister Diana Mondino and the
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