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The tax profession in Argentina involves advising individuals and corporations on compliance with federal, provincial, and municipal tax laws. Professionals navigate a complex system encompassing direct and indirect taxes, social security contributions, and international tax regulations.
Argentina's tax system is highly intricate and subject to frequent changes, with a significant tax burden. Key federal taxes include IVA (21% standard rate), Impuesto a las Ganancias (corporate income tax with a progressive rate, up to 35% for the highest brackets, and personal income tax with progressive rates), and Impuesto sobre los Bienes Personales (wealth tax). Provincial taxes like Ingresos Brutos (gross receipts tax) and municipal rates add layers of complexity. Filings are primarily managed through the Administración Federal de Ingresos Públicos (AFIP).