Argentina
Individual - Sample personal income tax calculation
Last reviewed - 28 January 2021
| Gross to net sample calculation |
Single |
Married+2 |
| Salary: ARS 1,500,000 |
| Gross income |
1,500,000 |
1,500,000 |
| Less |
|
|
| Employee social security: |
|
|
| Pension contributions |
(165,000) |
(165,000) |
| Health contributions |
(45,000) |
(45,000) |
| Social services |
(45,000) |
(45,000) |
| Personal allowance |
(103,019) |
(103,019) |
| Earned income allowance |
(494,490) |
(494,490) |
| Spouse allowance |
|
(80,034) |
| Child allowance |
|
(80,723) |
| Total deductions |
(852,509) |
(1,013,266) |
| |
|
|
| Net taxable income |
647,491 |
486,734 |
| |
|
|
| Tax thereon |
159,551 |
103,286 |
| Less employee social security |
255,000 |
255,000 |
| |
|
|
| Net income |
1,085,449 |
1,141,714 |
