ARGENTINA: EXTRAORDINARY PAYMENT ON ACCOUNT OF INCOME TAX – HYDROCARBON SECTOR 

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

ARGENTINA: PAIS TAX SCOPE AMENDMENT AND NEW PAYMENT ON ACCOUNT.

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