As of August 1, 2013, the Argentine government has made it
mandatory for taxpayers to use Argentinas online tax return system (SIFERE) to
submit their gross revenue reports to the local authorities, says Nair
Co.'s International Tax Services Team.
Argentine Tax Return Filing System
Argentina taxes businesses on their turnover (gross
revenue).The tax rates vary with the type of activity and jurisdiction. The tax
rate is applicable to the entire amount of gross receipts accumulated in a
calendar year.
In order to avert multiple taxation, the Argentine
government has a provision of a Multilateral Agreement (Convenio Multilateral)
which enables the distribution of taxable payments among various jurisdictions.
New Version of the E-filing System
On July 23, 2013, the Argentine government has approved
version 3 of the online filing system. Taxpayers operating under a Multilateral
Agreement can now make use of the new version of the online tax return system
to submit their monthly and annual income tax reports.
For more information about doing business overseas or to know more about our International Tax Services team
please contact
us. Subscribe to regular International Tax Service
alerts from Nair Co.
International
Business Guide (IBG) is
our online platform for companies wishing to optimize their multinational
operations and would like to have specific business information for doing
business in a particular country - Click Here.
Get the latest news releases and updates on international
tax, HR, Finance, compliance and other legal news at Nair Co. Industry Alerts.
About Nair Co.
Nair Co. provides you with your one touch outsourced
finance, HR, legal and global tax compliance department for your international
operations. If you are expanding abroad for the first time or increasing your
global footprint, our turnkey solutions help you do so with minimal risk,
stress and cost. We support 1000+ client operations in over 56 countries and
have core offices in U.K., India, China, U.S., Japan and Singapore. Nair
Co. was named among the top 100 outsourcing services providers in the world by
the International Association of Outsourcing Professionals (IAOP). Learn more
at www.nair-co.com
Read more on: International
Expansion Top Tips for Success
Open all references in tabs: [1 - 8]