- Income tax: What changes are required in the system, according to specialists
- Dividend deductions: what are the main measures to reduce the tax burden
Mid-November, Minister of Economy. Louis CaputoThey announced that they are studying the possibility Increasing amounts of Income tax deductions For humans. These are the amounts that are subtracted and reduce the tax base on which the tax is calculated.
“The other thing we are analyzing is significantly increasing income tax deductions for humans,” the Treasury chief said at the conference. sincere.
Caputo also argued LN+ That measure “It will give people an incentive to ask for an invoice, formalizing the economy further.”.
So far, these were the only details hinted at by the official. However, in the same event, he admitted that Administration of President Javier Miley He intends to Eliminate distorting privilegesAlthough this intention conflicts with one of the principles of libertarian management: Financial system.
“We cannot afford (removing distortionary taxes) because it is short-term It involves breaking the financial anchor“Caputo admitted.
Regarding profits, the constraint that the government may face is: To increase tax deductionsit will require Supporting the rulerssince The tax is participatory This could “affect” the income received by the jurisdictions concerned.
“So you would need the number of representatives and senators Approval of the law amending the profit law (Law No. 27430). “It’s no different from other types of legislative negotiations,” said Diego Fraga, a partner at the firm. Expanding Argentina business.
For now, Caputo explained that the new scheme will allow “anyone who pays dividends Deduct everything from your coffee maker to your mortgage paymentNo further details were available, although the Minister announced at the FIEL conference that this amendment would be part of Repair workIt is one of the projects – along with tax reform – that Casa Rosada will seek to promote From the new composition of Congress.
Income tax: What changes are required in the system, according to specialists
In mid-July Customs Collection and Control Agency (ARCA) Update the amounts for which taxpayers must pay tax.
According to Law 27743, Minimum non-taxable, personal and family deductions Modified accordingly Difference Consumer Price Index (CPI) During the first half of 2025.
After the aforementioned amendment, the non-taxable minimum amount was reached Total $2,843,180 per workerwhile For those married with two children, the total starts at $3,771,045..
“We are going to simplify and reduce the tax system. There will be a reduction in income tax for individuals And a very big incentive for the development of the capital market“The head of the economy said during his participation in the situation session organized by him Cordoba Stock Exchange. There, slither that it will be there Reducing the rate applied to companies, along with increasing the non-taxable minimum for workers.
“The fact is that today it is still below the minimum profit. That is, the amount from which it is not paid and from which it is paid. A Independent of the public system He is in the network $1,700,000employee at One dependency relationshipmore or less in a network of Between $2,200,000 and $2,300,000“, tax lawyer and CEO of SDC Asesores Tributarios explained, Sebastian Dominguez.
As he described, in the case of the self-employed “the profits are still paid (more in the case of the self-employed) while many of the workers out there are barely above that amount.” In the words of the specialist. This is not “enough for them to cover their monthly expenses and have a reasonable quality of life.”.
So consider it Personal deductions, non-taxable minimum, and special deduction with dependent childrenFor example, it should be higher. “The tax scale categories should also be expanded to make the tax more progressive.He added.
For her part, Daniel Ricardo Garciaa partner Lextax ConsultingHe warned that “the income tax settlement system Today it is a maze and varies according to the subject and its situation.“. Companies, employees in a dependent relationship, or self-employed people They face “a different tax burden, different rules, and unequal deductions.”
Regarding the “evidence” left behind by Caputo, Garcia estimated that reforms may have been targeted For freelancers and employeeswhich he considered “The most forgotten in the system“.
Income tax schedules (July-December 2025)
| Accumulated net taxable income (from $) | Accumulated net taxable income (up to $) | They will pay ($) | In addition to % | About surplus ($) |
|---|---|---|---|---|
| 0.00 | 1,635,136.56 | 0.00 | 5 | 0.00 |
| 1,635,136.56 | 3,270,273.12 | 81,756.83 | 9 | 1,635,136.56 |
| 3,270,273.12 | 4,905,409.68 | 228,919.12 | 12 | 3,270,273.12 |
| 4,905,409.68 | 7,358,114.52 | 425,135.51 | 15 | 4,905,409.68 |
| 7,358,114.52 | 14,716,229.04 | 793,041.23 | 19 | 7,358,114.52 |
| 14,716,229.04 | 22,074,343.56 | 2,191,082.99 | 23 | 14,716,229.04 |
| 22,074,343.56 | 33,111,515.34 | 3,883,449.33 | 27 | 22,074,343.56 |
| 33,111,515.34 | 49,667,273.02 | 6,863,485.71 | 31 | 33,111,515.34 |
| 49,667,273.02 | Onwards | 11,995,770.59 | 35 | 49,667,273.02 |
Dividend deductions: what are the main measures to reduce the tax burden
Today, employees and the self-employed can deduct those amounts that come from… rental housing salaries; Domestic service contributions; Prepaid medical fees; medical fees; Life insurance and retirement, among other concepts.
Based on Caputo’s statements, specialists highlighted some aspects that could be modified.
“Caputo said about the barista, and Miley said about the incentive to ask for bills. It’s a good idea to combine discounts that aren’t available todayThis is because purchasing a coffee maker for personal use today cannot be deducted. Some purchases can revitalize the economy and encourage people to ask for the billIf they can’t discount it, often times people don’t ask for the receipt, they give them a discount in cash, and the person discounting the bill may not issue it, Dominguez explained.
“This can benefit not only the nation, but also the provinces and municipalities,” he added.
One of the demands is an update The deductible amounts of interest on mortgage loans.
“Today, mortgage interest can be deducted, with very low limits ($200,000 per year, which is an unrealistic and even ridiculous amount). Therefore, if the total credit is allowed to be deducted and the deductible items are expanded (Home appliances, mobility, communication, computer and technology items“It will be very positive for this group (of humans) that has to invest a lot to be competitive,” Garcia said.
For his part, Dominguez also opined that mortgage interest deductions should be updated. He cited another example: Car expenses At $7,200 per year (per vehicle), the vehicle’s depreciation – equivalent to one unit – is $20,000. “They are absolutely ridiculous values.”
Even SDC CEO Asesores Tributarios stated this “Public deductions must be increased (Non-taxable minimum and special deduction), exceeding the semi-annual adjustment that corresponds to the change in the Consumer Price Index, as well as Increase tax standards“, without affecting the financial balance, which is an essential element of the economic stability plan.
Meanwhile, Garcia proposed reviewing the cap scheme. “In principle, there should be no limits to the deduction of specific costs: Technology, mortgages, health, communication. In contrast, the limits that remain It should be automatically indexed for inflation“, detailed.
Finally a partner Lextax Consulting He pointed out that in the fourth category (humans) there are clear differences: Employees in a dependent relationship and self-employed people.
“The self-employed are the most punished in the system; There are low discount limits, and few and restricted discounts. He concluded that this was inconsistent with tax justice.