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Argentina Minimum and Maximum Basis for Employee Social Security Contributions from June 2023 — Orbitax Tax News & Alerts

Effective from 1 June 2023, Argentina has set the minimum and maximum basis for social security contributions to monthly salary of ARS 23,891.99 and ARS 776,478.32, respectively. The minimum and maximum basis amounts apply in relation to the employee portion of social security contributions, which combined amount to 17%. Employer contributions are not capped.