Amendments to the Corporate Income Tax rates

Bruchou & Funes de Rioja - June 17, 2021
[vc_row][vc_column][vc_column_text]Yesterday, Law 27,630 was published in the Official Gazette, which includes amendments to the Income Tax Law in relation to corporate income tax rates applicable for fiscal years beginning on or after 1/1/2021, inclusive.

The new regime incorporates a scale of rates with three differentiated segments according to the level of accumulated taxable net profit.

With progressive criteria, it was established:

 

Accumulated net taxable profit

More than $
To $
Will pay $
More %
Over the excess of
$0 $ 5.000.000 $0 25% $0
$ 5.000.000 $ 50.000.000 $ 1.250.000 30% $ 5.000.000
$ 50.000.000 $ 14.750.000 35% $ 50.000.000

 

These amounts will be updated considering the annual variation of the Consumer Price Index. In all cases, the distributed dividends will be subject to a 7% tax rate.

Tax
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Kusa, Liban A.

Tax
Partner
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Olivero Vila, Matías.

Tax
Partner
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Lipovetzky, Ezequiel

Tax
Partner
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Rey, Daniela

Tax
Partner
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Nogueira Castellini, Nicolás

Tax
Partner
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Yudica Bartels, Maximiliano

Impuestos
Asociado senior
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Muir, Pablo

Tax
Senior associate
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