Argentina has published Resolution 28/2018 of 16 February 2018 in the Official Gazette. The resolution sets the minimum and maximum basis for employee social security contributions. Effective 1 March 2018, the minimum basis is monthly salary of ARS 2,664.52 and the maximum basis cap is monthly salary of ARS 86,596.10.
The employee contribution is fixed at 17% of gross salary, subject to the minimum and maximum basis. As part of Argentina's recent tax reforms, the rate for the employer contribution from 2018 is equal to 20.7% on total gross salary if engaged in commercial and service activities with sales exceeding ARS 48 million, and for other employers the rate is 17.5% (a separate 6% social health contribution applies for all employers). The two different rates will be gradually equalized with adjustments each year until reaching a standard rate of 19.5% for all employers from 2022. The tax reform also introduced a standard deduction from the employer contribution base equal to ARS 2,400 per employee in 2018, which will be increased each year until reaching ARS 12,000 in 2022 (amount also adjusted from 2019 based on changes in the consumer price index).