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Background
On 9 December 2019, the Argentine Government published in the Official Gazette Regulatory Decree 862/2019, which established a new Regulatory Decree for the Income Tax Law. Article 24 of the Regulatory Decree included a list of 95 jurisdictions considered to be non-cooperating jurisdictions for income tax purposes for fiscal years closed after 9 December 2019.
Decree 48
Decree 48 updates the list of non-cooperating jurisdictions, removing the following 15 jurisdictions from the list:
Bosnia and Herzegovina
Botswana
Cabo Verde
Eswatini
Jordan
Kenya
Liberia
Maldives
Mauritania
Mongolia
Montenegro
Namibia
Oman
Paraguay
Thailand
In line with Article 19 of the Income Tax Law, non-cooperating jurisdictions are those jurisdictions that do not have in force an agreement for the exchange of information in tax matters, a tax treaty with a comprehensive information exchange clause or whose agreements and tax treaties do not comply with international standards of transparency and exchange of information in tax matters.
The updated list of 80 non-cooperating jurisdictions is applicable for fiscal years initiated since 27 January 2023.
For additional information with respect to this Alert, please contact the following:
Pistrelli, Henry Martin & Asociados S.R.L., Buenos Aires
Carlos Casanovas
Gustavo Scravaglieri
Ariel Becher
Sergio Caveggia
Pablo Baroffio
Sabrina Maiorano
Juan Ignacio Pernin
Ernst & Young LLP (United States), Latin American Business Center, New York
Pablo Wejcman
Agustina Paula Paraiso
Ana Mingramm
Lucas Moreno
Enrique Perez Grovas
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
- Lourdes Libreros
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific
Raul Moreno, Tokyo
- Luis Coronado, Singapore
For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.
