Taxes are handled by the
Administración Federal
de Ingresos Públicos (AFIP).
All legal residents pay taxes on all income and profits obtained in Argentina
or abroad. Partial credit is granted for taxes paid to other jurisdictions on
activities abroad, up to the limit of the increase of the fiscal obligation
originated by the incorporation of the income obtained abroad.
Non-residents
pay taxes only on income earned in Argentina. The income tax rate is
35 %. The list of taxes payable is included below.
Value Added Tax ( VAT )
- Large Taxpayers: pay through Banking Transfer Generation
of VEP - electronic ticket
- Ordinary taxpayers: pay in cash, by cashier's check, Financial Check and
Cheque Cancelatorio (Check
for amounts paid in excess of $ 10.000.- pesos ten thousand)
Banking Transfer, or cash dispensers.
Social Security
- Large Taxpayers: pay through Banking Transfer (Generación
de VEP – Volante Electrónico de Pago - electronic
ticket)
- Ordinary Taxpayers: pay in cash, by cashier's check, Financial Check and
Cheque Cancelatorio, or Banking
Transfer
Monotributo ( simplified regime) as to 06/2004
Taxpayers can pay in cash, by cashier's check, Financial Check and Cheque
Cancelatorio, Banking Transfer, cash dispenser or automatic bank
debit.
Income Tax and Tax on Personal Assets
- Large Taxpayers: pay through Banking Transfer
- Ordinary Taxpayers: pay in cash, by cashier's check, Financial Check and
Cheque Cancelatorio, Banking Transfer