News article

Tax Reform Argentina – Super-VAT

VAT News – Argentina

Argentina’s Economy Minister, Luis Caputo, has proposed to introduce a comprehensive tax reform initiative known as the “super-VAT.”
This proposal aims to streamline the country’s complex tax system by consolidating multiple levies, including the national Value Added Tax (VAT), provincial Gross Income Tax (IIBB), and certain municipal taxes, into a unified sales tax.

Under the proposed system, the national government would impose a base VAT rate of 9%, while allowing individual provinces to set additional rates tailored to their fiscal needs. This approach is designed to foster tax competition among provinces, potentially leading to more efficient public spending and reduced tax burdens for citizens.
However, it also raises concerns about potential disparities in tax rates across regions and the impact on provincial revenues.