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    Taxes In Argentina

    Paying Taxes in Argentina

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        Taxes in Argentina

        Paying Taxes In Argentina

        For starters, property owners are required to pay an annual tax to the Argentine government regardless of whether the owner resides in the country or has a visa.

        The bonus is on the owner to pay this tax each year, as reminders are not sent out.

        Argentine residents are subject to income and wealth taxes as well as social security contributions.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            Permanent residents pay taxes on all income both within and outside Argentina. Others who are required to pay income tax are those earning income in Argentina with a local salary, or through dividends, interest, royalties, or rentals.

            However, if you are employed by an Argentine company, you do not have to file a tax return in the country, as your employer does that automatically. Income tax for rental properties is a flat 21%.

            Income tax rates are 9% to 35% for residents and 24.5% for nonresidents.

            Most importantly, there is no inheritance tax in Argentina with the exception of two provinces that levy one.

            Capital gains tax rates are 0% to 15%, and VAT is 21%.

            Check the currency conversion at today’s exchange rate.

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              Kathleen

              Reviewed By Kathleen Peddicord

              Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                Taxes In Argentina- FAQs

                People who live in Argentina for tax purposes must pay income tax on all their earnings worldwide and wealth tax on their assets in Argentina and other countries.

                On the other hand, those who do not live in Argentina for tax purposes only pay income tax on money earned in Argentina and wealth tax on specific assets they have in the country.

                Argentina does not charge a federal gift or inheritance tax. However, Buenos Aires has its own taxes for gifts and inheritances, which are based on specific conditions and amounts.

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