Argentina

The rate of CIT on net taxable income from Argentine sources and from activities performed abroad by the branch is currently as follows (for fiscal years beginning on or after 1 January 2021, indexed as of 2023):

• Taxable income from ARS 0 to ARS 14,301,209.21: 25%.
• Taxable income from more than ARS 14,301,209.21 to ARS 143,012,092.08: ARS 3,575,302.30 + 30% on the amount that exceeds ARS 14,301,209.21.
• Taxable income from more than ARS 143,012,092.08: ARS 42,188,567.16 + 35% on the amount that exceeds ARS 143,012,092.08.