Argentine Government plans to send bill to Congress that would raise corporate income tax rates
The proposed bill would increase tax rates on large entities by replacing the current fixed tax rate with a progressive tax scale. It would also extend the 7% withholding tax on dividends from profits accrued in tax years beginning 1 January 2018, to dividends from profits accrued in tax years beginning 1 January 2021 and thereafter.
On 11 March 2021, the Argentine Executive Power circulated a bill…
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