Argentina taxes residents on worldwide income and non-residents on Argentina-source income only. Argentina operates a self-assessment system, with the tax authority (ARCA, formerly AFIP) conducting post-filing review and audit.
The Argentine tax year is the calendar year for individuals (companies use their own fiscal year). Individual filing deadlines are staggered by taxpayer ID number, typically in June of the following year.
Argentina applies a graduated corporate income tax: 25% on taxable income up to ARS 50 million, 30% on income between ARS 50 million and ARS 100 million, and 35% on income exceeding ARS 100 million - thresholds adjusted annually for inflation (for fiscal years beginning on or after 1 January 2026, ARCA has published updated brackets ranging from 25% up to approximately ARS 133.5 million to 35% at approximately ARS 1.3 billion). An additional 7% withholding tax applies on dividends distributed to both resident and non-resident shareholders.
Argentina imposes a progressive federal income tax (Impuesto a las Ganancias) across nine brackets ranging from 5% to 35% on net taxable income after deductions. Brackets are re-indexed to inflation twice yearly (January and July) under Ley 27.743, given Argentina's history of high inflation. For the January-June 2026 scale, the top 35% rate begins above approximately ARS 60.75 million of semi-annual net taxable income. A separate wealth tax (Bienes Personales) applies at 0.5% to 1.0% above a non-taxable minimum of approximately ARS 384.7 million, falling toward a single 0.25% rate by 2027. Non-resident temporary workers pay a flat effective rate of 24.5%.
The standard VAT rate is 21%. A reduced 10.5% rate applies to specified goods and services (certain foodstuffs, construction of housing, public transport, among others).
Under Article 116 of the Income Tax Law, a foreign individual becomes an Argentine tax resident upon obtaining permanent residence, or after residing in Argentina continuously for 12 months (temporary absences of up to 90 days, consecutive or aggregate, do not interrupt the count - though a single absence exceeding 90 consecutive days resets it). Argentine nationals are residents by default unless they can demonstrate tax residency elsewhere. Residency is lost by acquiring permanent residence abroad or by an uninterrupted 12-month absence from Argentina. Residents are taxed on worldwide income; non-residents only on Argentina-source income.
A non-Argentine entity has an Argentine permanent establishment through a fixed place of business or a dependent agent habitually concluding contracts in Argentina on the entity's behalf, following the OECD Model Treaty definition as applied under Argentine domestic law and any applicable tax treaty.
Argentina's CFC regime (effective 2019, implementing BEPS Action 3) taxes Argentine residents currently on passive income earned by a foreign entity they control, where more than 50% of that entity's income is passive and it faces an effective tax rate below 75% of the applicable Argentine corporate rate. Control is generally established by a 50%+ direct or indirect participation (including with related parties), though other tests - effective control, low taxation, or majority-passive income - can also trigger inclusion. Argentina maintains its own list of non-cooperative and low-tax jurisdictions, defined by the absence of an effective information-exchange arrangement with Argentina.
Interest and foreign-exchange losses on financial debt owed to related parties (local or foreign) are deductible only up to 30% of the taxpayer's taxable income computed before interest, foreign-exchange losses, and depreciation (an EBITDA-style cap implementing BEPS Action 4). Disallowed interest may be carried forward for five years, and unused deduction capacity for three years.
Argentina does not use an elective check-the-box classification system; entity classification generally follows the entity's actual legal characteristics. Argentina does not have a comprehensive ATAD2-style anti-hybrid regime, though Argentina's own CFC regime (effective 2019, implementing BEPS Action 3 - see CFC section above) and its list of non-cooperative/low-tax jurisdictions address related concerns.
No foreign bank account or foreign financial asset reporting regime exists requiring residents to separately disclose foreign accounts; foreign income is reported through the standard annual tax return.
Argentina does not provide a broad participation exemption for foreign dividends in the European sense; dividends from a foreign subsidiary are generally taxable, with relief from double taxation available primarily through Argentina's foreign tax credit system rather than an outright exemption.
Argentina has a real foreign tax credit regime available to both individuals and companies for foreign tax paid on foreign-source income also taxed in Argentina, capped at the Argentine tax otherwise due on that income.
Argentina has 24 tax treaties in force, including with Australia, Belgium, Bolivia, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, Italy, Mexico, Norway, Qatar, Russia, Spain, Sweden, Switzerland, the Netherlands, Turkiye, the UAE, the UK, and Uruguay - most follow the OECD Model Convention with some UN Model influence. Treaties signed with Austria, Japan, and Luxembourg remained pending ratification by Argentina's Congress as of the most recent verification. Notably, Argentina has no comprehensive income tax treaty with the United States. Argentina ratified the OECD's Multilateral Instrument (MLI), in force from January 1, 2026, modifying a number of its treaties with anti-abuse measures including the Principal Purpose Test.