Last reviewed - 13 May 2024

The Republic of Argentina is located in South America, approximately between latitudes 23°S (Tropic of Capricorn) and 55°S (Cape Horn). The Andes separates the country from Chile in the west, and it borders Bolivia and Paraguay in the north and Brazil, Uruguay, and the South Atlantic Ocean to the east.

Argentina's population and culture were heavily shaped by immigrants from all over Europe, but particularly from Italy and Spain, which provided the largest percentage of newcomers from 1860 to 1930. The Republic of Argentina is made up of 23 provinces plus the Autonomous City of Buenos Aires, its capital. The official language of Argentina is Spanish, and the currency is the peso (ARS). Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base.

During the period 2019-2023, Alberto Fernández was the president of the country. His government faced a pandemic, a war, and a very deep drought. Although the economy expanded in 2021 and 2022, a number of macroeconomic imbalances continued to have an impact on the country. In this sense, by the end of Alberto Fernández's government period, inflation reached the highest levels since the 1990s, exchange restrictions were highly increased, the exchange gap reached a record near 200%, and the poverty levels finished at 40.1%.

In this challenging panorama, Javier Milei, a political outsider, assumed the presidency in December 2023, which confirmed a social discontent regarding the country's situation. In the first days of government, the new administration carried out measures that included a fiscal adjustment with the aim of reaching balance in 2024 and a devaluation of the official exchange rate of 54%. The aforementioned depreciation, although it reduced the exchange gap, had an impact on the inflation levels. Parallel to this, the National Executive Branch issued an Emergency Decree (DNU) and summoned the National Congress for extraordinary sessions to discuss a bill including comprehensive deregulations and the repeal of laws and sectoral economic regimes. Despite these measures, the national economic context remains uncertain and challenging given the imbalances that take place in the country.

PwC Argentina has a staff of more than 6,200 professionals, made up of accountants, lawyers, graduates in economics, and international trade management. PwC provides a multidisciplinary and coordinated approach to create integrated solutions tailored to the client’s needs.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%)


Corporate income tax (CIT) due dates
CIT return due date

Second week of fifth month after the fiscal year ends.

CIT final payment due date

Instalment payments must be made on a monthly basis, beginning in the first month after the due date of filing of the tax returns. Any payable balance resulting from the annual income tax return must be paid not later than the due date established for filing the return.

CIT estimated payment due dates

Monthly instalments.

Personal income tax (PIT) rates
Headline PIT rate (%)


Personal income tax (PIT) due dates
PIT return due date

10 June (aprox)

PIT final payment due date

The day following the tax return filing due date.

PIT estimated payment due dates

10 June (aprox)

Value-added tax (VAT) rates
Standard VAT rate (%)


Withholding tax (WHT) rates
WHT rates (%) (Dividends/Interest/Royalties)

Registered taxpayer:

Resident: 0 or 7 / 6 / 6;

Non-resident: 7 / 0, 15.05, or 35 / 21 or 28;

Non-registered taxpayer:

Resident: 0 or 7 / 28 / 28;

Non-resident: 7 / 0, 15.05, or 35 / 21 or 28

Capital gains tax (CGT) rates
Headline corporate capital gains tax rate (%)

Capital gains are subject to the normal CIT rate.

Headline individual capital gains tax rate (%)


Net wealth/worth tax rates
Headline net wealth/worth tax rate (%)

0.50% to 1.75% for assets held in Argentina and 0.7% to 2.25% for assets held abroad.

Inheritance and gift tax rates
Headline inheritance tax rate (%)

NA at federal level. The province of Buenos Aires has gift and inheritance taxes based on certain conditions and amounts.

Headline gift tax rate (%)

NA at federal level. The province of Buenos Aires has gift and inheritance taxes based on certain conditions and amounts.

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.