Global Trade Alert
Global Trade Alert

Argentina: New Tax Reform

Announcement

29 Dec 2017

On December 29, 2017, the Government of Argentina enacted Law 27,430 reforming the tax system. Despite amendments in the Income Tax Law, the Value Added Tax Law, the procedural tax law, the customs code, certain accounting regulations, as well as other taxation regulations like excise taxes, oil taxes, taxation on individuals, and social security contributions, the key changes related to scope of the GTA refer to import/export transfer prices, taxation of financial investments and permanent establishment rules. 

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2018

Revocation date:

No revocation date

Updated: 29 Dec 2017
Controls on commercial transactions and investment instruments In force

Law 27,430 enacted by the Argentine Government on December 29, 2017, exempted non-residents from taxes set on financial investments. In particular, the legislation exempts them from taxes on t...

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Implementation date

01 Jan 2018

Revocation date:

No revocation date

Updated: 29 Dec 2017
Controls on commercial transactions and investment instruments In force

One of the points amended in the Law 27,430 from December 29, 2017, is the taxation of financial investments. In particular, the new legislation differentiates between securities denomina...

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