Argentina Updates General Resolution on Dividend Withholding Tax

Argentina has published General Resolution 5060/2021 of 26 August 2021, which updates General Resolution 4478/2019 regarding practical matters for the application of the dividend withholding tax. Key aspects of General Resolution 4478/2019 include rules for payers of dividends and similar to act as withholding agents and rules for the determination of the amount of tax to withhold.

As originally published, General Resolution 4478/2019 included a withholding tax rate of 7% from 1 January 20…