Argentina Abolishes VAT and Income Tax Withholding on Electronic Payments from September 2024

• Argentina annuls intermediary withholding of VAT and income tax
• Effective from 1 September 2024
• AFIP repeals withholding regimes for electronic payments
• Ministry of Economy issued Resolution No. 780/2024
• Provinces and Autonomous City of Buenos Aires urged to eliminate similar withholding regimes
• General Resolution No. 5554/2024 repeals previous regimes
• Benefit applies to all taxpayers
• Scope of measure expanded under Article 102 of Law 27,743
• Provinces and Autonomous City of Buenos Aires called to take similar measures for provincial withholdings

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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