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.
