Today, the Argentine Official Gazette published Law No. 27,774 which approves the Argentina – Luxembourg Income Tax and Wealth Tax Reciprocal Exemption concerning Income Arising from Aircrafts’ International Transportation Operations (“DTT”) signed on June 24th, 2004. We highlight the following aspects of this Treaty:
On January 29th, the Chilean Official Gazette published the promulgation of the Chile – United States of America (“USA”) Double Tax Treaty (“DTT”) signed on February 4th, 2010, and effective December 19th, 2023. We highlight the following aspects: However: (i) if at any time under the domestic law of Chile the First Category Tax ceases … Continued
An Extraordinary Payment on Account of Income Tax for the Hydrocarbon Sector was published today in the Official Gazette of Argentina through General Resolution No. 5453/2023. Entities carrying out any of the activities below shall be subject to the payment on account obligations provided that in the FY 2022 or FY 2023 Income Tax return, … Continued
On the 24th, Argentina announced Decree No. 377/2023, expanding the scope of the “PAIS Tax” Regulations approved by Decree No. 99/2019. Key changes include: 1. Taxable Transactions: 2. Exchange Rate Impact: 3. AFIP Empowerment: 4. General Resolution No. 5393/2023: Payment on Account Features: For more details, refer to the official publications: Decree No. 377/2023 and … Continued
The Argentine Federal Tax Authorities have released a crucial update on their website, addressing the thresholds of invoicing amounts that necessitate mandatory recipient identification. This initiative aims to fortify the Invoices Issuance Control System. Key Points: By staying abreast of these updates, businesses can navigate the evolving landscape of invoicing regulations and contribute to the … Continued
