Argentina
Individual - Sample personal income tax calculation
Last reviewed - 13 May 2024
Gross to net sample calculation for FY 2024
Employees
|
Single |
Married+2 |
| Gross income |
100,000,000 |
100,000,000 |
| Less: |
|
|
| Employee social security: |
|
|
| Pension contributions |
(17,000,000) |
(17,000,000) |
| Health contributions |
(6,000,000) |
(6,000,000) |
| Personal allowance |
(3,503,688) |
(3,503,688) |
| Earned income allowance |
(18,511,153) |
(19,063,481) |
| Spouse allowance |
|
(3,299,772) |
| Child allowance |
|
(3,328,174) |
| |
|
|
| Total deductions |
(45,014,841) |
(52,195,115) |
| |
|
|
| Net taxable income |
54,985,159 |
47,804,885 |
| |
|
|
| Income tax |
14,762,947 |
12,249,851 |
Self-employed workers
|
Single |
Married+2 |
| Gross income |
100,000,000 |
100,000,000 |
| Less: |
|
|
| Employee social security: |
|
|
| Pension contributions |
(17,000,000) |
(17,000,000) |
| Health contributions |
(6,000,000) |
(6,000,000) |
| Personal allowance |
(3,503,688) |
(3,503,688) |
| Earned income allowance |
(12,262,909) |
(12,262,909) |
| Spouse allowance |
|
(3,299,772) |
| Child allowance |
|
(3,328,174) |
| |
|
|
| Total deductions |
(38,766,597) |
(45,394,542) |
| |
|
|
| Net taxable income |
61,233,403 |
54,605,458 |
| |
|
|
| Income tax |
17,477,691 |
15,157,910 |
