background image

Argentine Resolution Amends Past Rules on Taxation of Capital Gains of Nonresidents — Orbitax Tax News & Alerts

On 12 January 2017, Argentina published General Resolution 4190-E, concerning the taxation of capital gains from the disposal of shares and securities by nonresidents. The Resolution provides for certain changes in past rules that are needed as a result of new rules for such transactions introduced as part of Law 27430 ({News-2018-01-02/A/2-previous coverage}). This includes the repeal of General Resolutions 4094-E and 4095-E on the mechanism for the taxation of gains from the transfer of shares in Argentine companies between non-residents ({News-2017-07-24/A/2-previous coverage}).