Argentina

{"ftc_utility":"high","fbar_trigger_notes":"US expats with Argentine peso or dollar bank accounts at Argentine institutions (Banco Nacion, Banco Galicia, Mercado Pago accounts, etc.) must file FBAR if aggregate foreign account balances exceed $10,000 USD at any point in the year. Argentina has multiple exchange rate markets and maintaining accounts in both official and informal channels creates compliance complexity. FATCA reporting by Argentine banks to AFIP and onward to IRS is limited - Argentina has a Model 1 IGA in place but implementation has been uneven.","ftc_utility_reason":"Argentina taxes residents on worldwide income at rates up to 35%, which equals or exceeds US rates for most income levels. Foreign tax credits paid to AFIP on Argentine-source or worldwide income can offset US tax liability. Because Argentina has no US tax treaty, careful structuring of FTC claims is needed to avoid double taxation. FTC is most valuable for high earners whose Argentine effective rate approaches 35%.","presence_day_count_notes":"Argentina does not impose strict entry or exit limitations on US citizens that would complicate 330-day counting. Tourist entries are permitted for up to 90 days and can be extended or renewed. Long-term residents should obtain proper residency visas (rentista, pensionado, or work permits) but short absences for border runs historically have been common. Days in Argentina count toward the 330-day foreign country test provided the individual is not on US soil.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":18000,"local_tax_rate_on_earned_income":0.35,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by Argentine tax residents is taxable as ordinary income at progressive rates up to 35%. Argentine residents are taxed on worldwide income with no blanket exemption for pension-type receipts from abroad.","tax_rate":0.35,"locally_taxed":true},"social_security":{"notes":"Argentina has no tax treaty with the US and no totalization agreement. US Social Security benefits received by Argentine residents are generally considered US-source income. Argentina does not specifically tax foreign social security pensions differently from other pension income, but Argentine residents on worldwide taxation must report all income. In practice, US Social Security is often not separately identified in Argentine filings but technically subject to inclusion.","locally_taxed":false,"treaty_protection":false},"roth_distributions":{"notes":"Argentina does not recognize the Roth IRA structure. Distributions from a Roth IRA are likely treated as foreign-source income and taxed in Argentina. Because there is no bilateral treaty, no exemption applies. In practice enforcement depends on disclosure via the Argentine AFIP.","locally_taxed":true},"us_401k_ira_distributions":{"notes":"There is no US-Argentina tax treaty in force as of 2026. Argentine tax residents are taxed on worldwide income, so US 401k and IRA distributions are subject to Argentine income tax at progressive rates up to 35%. No treaty relief is available. A US foreign tax credit may offset US tax on income already taxed in Argentina, but the direction of credit depends on relative tax burdens.","tax_rate":0.35,"locally_taxed":true,"treaty_protection":false}}

{"rate":0.15,"notes":"Argentina taxes capital gains depending on asset type and residency. Listed securities sold by individuals are taxed at 15% on net gains; real estate gains may be subject to a 3% withholding or income tax at progressive rates depending on date of acquisition.","details":{"tax_type":"Capital Gains Tax","country_name":"Argentina","country_iso_code":"ARG","source_references":["PwC Worldwide Tax Summaries - Argentina","AFIP (Argentine Tax Authority)","Law 27430"],"last_verified_date":"2026-06-03","general_description":"Argentina introduced a capital gains tax on financial instruments in 2017 (Law 27,430 effective 2018). Gains on listed shares and bonds held by Argentine residents are taxed at 15% if denominated in foreign currency or 5% if denominated in pesos. Gains on unlisted shares and real estate are taxed as ordinary income under the progressive schedule, up to 35%. Property acquired before 2018 may be subject to the ITI (Impuesto a la Transferencia de Inmuebles) at 1.5% on gross proceeds rather than the capital gains regime.","corporate_capital_gains":{"rate":0.35,"tax_treatment":"Capital gains realized by corporations are included in ordinary taxable income and taxed at the standard corporate income tax rate of 35%."},"individual_capital_gains":{"rate":0.15,"tax_treatment":"Listed securities denominated in foreign currency taxed at 15%; listed securities denominated in pesos taxed at 5%. Unlisted shares and real estate gains taxed as ordinary income at progressive rates up to 35%. Property acquired before January 1, 2018 remains subject to the 1.5% ITI on gross sale proceeds."}}}

{"notes":"Dividends paid by Argentine companies to resident individuals are subject to a 7% withholding tax (increasing to 13% when profits are distributed from fiscal years beginning in 2026 onward under reform proposals; verify current rate). Dividends paid to non-resident individuals or foreign companies are subject to a 7% withholding on the net dividend after the 35% corporate-level equalization tax (the so-called double tax regime). US residents receiving Argentine dividends may claim a foreign tax credit.","rates":[{"rate":0.07,"type":"withholding","notes":"Standard rate on dividends paid to resident individuals from corporate profits taxed at 35% corporate level. Rate applies to profits from fiscal years 2018-2025."},{"rate":0.35,"type":"withholding","notes":"Equalization tax applies when distributing profits that were not taxed at corporate level at the 35% rate - the so-called dividend equalization tax ensures a minimum 35% effective rate on corporate profits."}]}