Argentina Extends Deadline for One-Off Wealth Tax for COVID-19

Argentina has published General Resolution 4954/2021 of 26 March 2021, which extends the deadline for the one-off wealth tax introduced by the Law for the Solidarity and Extraordinary Contribution to Help Mitigate the Effects of the (COVID-19) Pandemic (Law 27605 of 18 December 2020). The tax is generally payable by individuals and undivided estates with assets valued at greater than ARS 200 million as on 18 December 2020, including worldwide assets of Argentine residents and assets in Argen…