Argentina

Individual - Sample personal income tax calculation

Last reviewed - 17 February 2022
Gross to net sample calculation Single Married+2
Salary: ARS 3,900,000
Gross income 6,500,000 6,500,000
Less    
Employee social security:    
Pension contributions (550,000) (550,000)
Health contributions (150,000) (150,000)
Social services (150,000) (150,000)
Personal allowance (252,565) (252,565)
Earned income allowance (1,212,312) (1,212,312)
Spouse allowance   (235,457)
Child allowance   (236,942)
Total deductions (2,314,877) (2,787,276)
     
Net taxable income 4,185,123 3,712,724
     
Income Tax  1,267,472.99 1,102,133.34