The corporate tax rate in Argentina
2013 35%
2014 35%
2015 35%
2016 35%
2017 35%
2018 30%
2019 30%
2020 30%
2021 25%
2022 25-35%.
In Argentina the tax rate depends on the level of taxable income. In the low income bracket a tax of 25% is applied, in the middle a tax rate of 30% applies and finally taxable income exeding ARS 76 millions is taxed with a rate of 35%.
In 2003 certain amendments to the Income Tax Law that affected transfer pricing regulations was introduced. One of the amendments related to one of the points of an anti-evasion program, with one of its objectives being to control evasion and avoidance in international operations resulting from globalisation. On the one hand, Law 25,784 replaces regulations on the import and export of goods with related and unrelated parties (replacement of Article 8 of the Income Tax Law), eliminating the concept of wholesale price at the point of destination or origin as a parameter for comparison. Now, in the case of imports or exports of goods with international prices known through commonly traded markets, stock exchanges, or similar markets, the new parameter establishes that those prices will be used to determine net income. On the other hand, a new transfer pricing method is introduced for the analysis of exports of commodities (amendments to Article 15 of the Income Tax Law). Taxpayers currently have two important transfer pricing-related obligations: to prepare, maintain and file transfer pricing documentation; and to file an information return (special tax return) on transactions with non-resident-related parties. In addition, taxpayers are required to maintain some documentation on import or export of goods between unrelated parties.
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