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 2022):

• Taxable income from ARS 0 to ARS 7,604,948.57: 25%.
• Taxable income from more than ARS 7,604,948.57 to ARS 76,049,485.68: ARS 1,901,237.14 + 30% on the amount that exceeds ARS 7,604,948.57.
• Taxable income from more than ARS 76,049,485.68: ARS 22,434,598.28 + 35% on the amount that exceeds ARS 76,049,485.68