Taxation of international executives
For the purposes of this publication, a short-term assignment is defined as an assignment that lasts for less than 1 year.
Are there special residency considerations for short-term assignments?
No, the same rules about residence explained above apply.
Are there special payroll considerations for short-term assignments?
No, in the event there is an employment relationship with the Argentine company, the individual should be included in the local payroll and, if applicable, a mirror payroll scheme should be created. Each case should be evaluated.
What income will be taxed during short-term assignments?
It depends on the resident condition of the individual, but in most cases it will be the Argentine-source income.
Are there any additional considerations that should be considered before initiating a short- term assignment in Argentina?
No, there are not. If the person is coming to Argentina for a period not exceeding 6 months, the individual will be regarded as a Foreign Beneficiary.
All information contained in this publication is summarized by KPMG in Argentina, the Argentine member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on the Argentina Tax Act 20.628 (Income Tax) 23.966 (Wealth Tax) 24.241 (Social Security) 23.349 (Value-Added Tax).
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