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Argentina to Extend Increased Personal Assets Tax on Assets Abroad

|Proposed Changes|Argentina
Argentina

Argentina's government has proposed an extension of provisions allowing for increased taxation of assets held abroad through increased personal assets tax (wealth tax) rates. The proposed extension was reportedly submitted as a part of the budget bill for 2022 on 16 September 2021, allowing for an increase in the standard personal assets tax rates by up to 100%, which results in a possible top …

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