Argentine Government modifies bill it plans to send to Congress that would raise corporate income tax rates

The new bill would increase the thresholds at which the previously proposed rates would apply. As in the prior bill, the new bill would also extend the 7% withholding tax to dividends from profits accrued in tax years beginning 1 January 2021 and thereafter.

On 7 April 2021, the Argentine Executive Power circulated an updated version of the bill that it plans to send to Congress that would increase corporate income tax rates for tax years beginning 1 January 2021 and onwards. The previous version…