Other taxes and levies | KPMG | GLOBAL

Argentina: Other taxes and levies

Other taxes and levies

Taxation of international executives


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Social security tax

Are there social security/social insurance taxes1 in Argentina? If so, what are the rates for employers and employees?

Employer and Employee

Argentine nationals and expatriates working in Argentina are subject to social security contributions.

Currently, the employees’ social taxes rate is 17 percent of their gross wages. Note that the employee's contributions are applied on a monthly taxable base of ARS 63,995.73. As regards employers’ social tax rates, they are equal to 23 percent* or 27 percent**, depending on the activity and gross annual income. Employers’ contributions are not capped.

In accordance with the laws currently in force, the employee’s cap is updated every March and September.

In addition to social security treaties, Argentine legislation contemplates other situations of exemption in the payment of Social Security that should be evaluated.

* Employers for all activities, except commercial and service ones, invoicing more than ARS48 million a year.

** Commercial and service activities invoicing more than ARS48 million a year.

Gift, wealth, estate, and/or inheritance tax

Are there any gift, wealth, estate, and/or inheritance taxes in Argentina?

Wealth Tax – Domiciled in Argentina as of 31 December

The wealth tax is levied on the worldwide assets that individuals domiciled in Argentina hold at the end of the year. Tax rate will be reduced progressively over the next fiscal years. Such rate is applied over the amount in excess of the non-taxable minimum amount corresponding to each year.

If the total amount of assets, valued according to the Wealth Tax Law, does not surpass the amount of ARS 950,000 for fiscal year 2017, no wealth tax will apply.

The tax payable by individuals domiciled in Argentina will be calculated applying the following tax rates:

Fiscal Year Tax Rate Non-Taxable Minimum (ARS)
2017 0.50% 950,000
2018 0,25% 1,050,000

Foreign individuals whose presence in Argentina is based on an employment relationship duly proved and which requires their permanency in Argentina for a period not exceeding five years, are subject to this tax only on assets located in the country, valued according to the law.

As regards employees, if the annual gross compensation surpasses the amount of ARS 200,000, their assets valued according to the law are lower than ARS 950,000 (in fiscal year 2017), and they are not registered under the wealth tax, they have to file an informative wealth tax return which due date operates on June 30.

Wealth Tax - Domiciled abroad as of 31 December

Argentina imposes a wealth tax applying a fixed tax rate over the assets held in Argentina at the end of the year by individuals domiciled abroad.

The tax payable by individuals domiciled abroad will be calculated applying the following rates:

Fiscal Year Tax Rate
2017 0.50%
2018 0.25%

In this case, the non-taxable amounts do not apply. However, when the tax amount payable is equal to or lower than ARS 255.75, no payment has to be made.

Wealth tax-substitute taxpayer

The tax rate to be applied to foreign shareholders of Argentine companies was fixed at 0.25%
The wealth tax will no longer apply starting 1 January 2019.

Inheritance/gift taxes

There are no national inheritance and gift taxes in Argentina. However, regulations at a provincial level must also be analyzed. For instance, there is an inheritance tax in Buenos Aires and Entre Rios provinces.

Real estate tax

Are there real estate taxes in Argentina?

Yes, each province applies its own real estate tax.

Sales/VAT tax

Are there sales and/or value-added taxes in Argentina?

Yes, all sales and services are subject to VAT at 21 percent. (10.5 percent in certain cases).

Unemployment tax

Are there unemployment taxes in Argentina?

They are included in the employer´s social security contributions.

Other taxes

Are there additional taxes in Argentina that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, and so on.

There is a stamp tax which varies from one jurisdiction (provinces) to another.

There is also a tax applied on debits and credits in local checking accounts.

Land tax

Refer to Real Estate Tax.

Payroll tax

Under the concept of “payroll tax” we can include the social security contributions mentioned above, payments to the Labor Risks Insurance Companies (ART) and the union payments - depending on the Bargaining Agreement the company applies.

Double taxation treaties

The following countries have a double taxation treaty with Argentina:

  • Australia
  • Belgium
  • Bolivia
  • Brazil
  • Canada
  • Chile 
  • Denmark
  • Finland
  • France
  • Germany
  • Italy
  • Mexico (not in force)
  • Netherlands
  • Norway
  • Russia
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom

Argentina has concluded social security totalization agreements with the following countries:

  • Chile
  • Greece
  • Italy
  • MERCOSUR (Brazil, Paraguay and Uruguay)
  • Portugal
  • Spain
  • France
  • Slovenia
  • Peru

Other agreements have been signed but they are not currently in force/fully operational.


1Argentine Law 24241.

2Cap amount in force in March 2016.

3Argentina Tax Act 23966.

© 2018 KPMG, a Partnership established under Argentine Law and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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