Argentina
Individual - Sample personal income tax calculation
Last reviewed - 05 February 2025
Gross to net sample calculation for FY 2025
Employees
|
Single |
Married+2 |
| Gross income |
120,000,000 |
120,000,000 |
| Less: |
|
|
| Employee social security: |
|
|
| Pension contributions |
(20,400,000) |
(20,400,000) |
| Health contributions |
(7,200,000) |
(7,200,000) |
| Personal allowance |
(4,507,505,52) |
(4,507,505,52) |
| Earned income allowance |
(23,814,654,17) |
(24,525,226,81) |
| Spouse allowance |
|
(4,245,166,13) |
| Child allowance |
|
(4,281,705,54) |
| |
|
|
| Total deductions |
(55,922,159,69) |
(65,159,604,00) |
| |
|
|
| Net taxable income |
64,077,840,31 |
54,840,396,00 |
| |
|
|
| Income tax |
16,661,318,84 |
13,428,213,33 |
Self-employed workers
|
Single |
Married+2 |
| Gross income |
120,000,000 |
120,000,000 |
| Less: |
|
|
| Employee social security: |
|
|
| Pension contributions |
(20,400,000) |
(20,400,000) |
| Health contributions |
(7,200,000) |
(7,200,000) |
| Personal allowance |
(4,507,505,52) |
(4,507,505,52) |
| Earned income allowance |
(15,776,269,32) |
(15,776,269,32) |
| Spouse allowance |
|
(4,245,166,13) |
| Child allowance |
|
(4,281,705,54) |
| |
|
|
| Total deductions |
(47,883,774,84) |
(56,410,646,51) |
| |
|
|
| Net taxable income |
72,116,225,16 |
63,589,353,49 |
| |
|
|
| Income tax |
19,474,753,53 |
16,490,348,45 |
