The Centro de Estudios de la Unión Industrial Argentina released a report prepared by its Tax Policy Department comparing the tax burden of 30 countries around the world that represent 86% of the global GDP.
According to the study, Argentina leads the ranking of tax burden as a percentage of GDP, based on formal employment. Our country also ranks first in the fiscal weight of corporate income tax, debit and credit tax, wealth tax, gross income tax, municipal taxes and stamp duty.
For any questions, please contact:
Andres Carlos Saladino
Tax Partner
andres.saladino@ar.andersen.com
Felix José Rolando
Tax Partner
felix.rolando@ar.andersen.com