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Turnover tax: Each of the 24 Argentine subjects has its own turnover tax rate. On average, turnover tax rate is approximately 3% to 5%, taxes for industrial activities are 1.5% to 4% and 1% to 3% for primary activities. Stamp Tax; The taxes based on provincial level are administered by the provincial revenue agencies.
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. [2] Tax revenue refers to compulsory transfers to the central government for public purposes.
(Reuters) - Argentine President Javier Milei said on Saturday he would apply a "significant" tax reduction if Congress approves a bill to reduce state intervention in the economy.
Argentine President Mauricio Macri on Monday announced new taxes on exports in the world's third-biggest soy producer and steep cuts to spending in an "emergency" bid to balance next year's budget ...
BUENOS AIRES (Reuters) -Argentina's Economy Minister Sergio Massa said on Sunday the government will give workers tax relief from November by raising the threshold at which income tax is charged ...
In South Africa, the turnover tax is a simple tax on the gross income of small businesses. Businesses that elect to pay the turnover tax are exempt from VAT. Turnover tax is at a very low rate compared to most taxes but is without any deductions. [1] In Ireland, turnover tax was introduced in 1963 [2] and followed by wholesale tax in 1966.
Argentina's lower house on Tuesday passed a government-backed bill to cut taxes on high-income earners, a move that would erase about one trillion pesos ($2.8 billion) from state coffers in 2023 ...