Taxes

New Tax Rules Affecting Argentine Real Estate Investments

The Milei Administration has again signaled resolve to stimulate real estate investment. This time, the president has issued Executive Order 406/2026 to clarify recent congressional amendments to the National Income Tax Law applicable to the lease, sale, and disposition of real property. Most importantly, the executive order resets income tax exemptions legislated under Law No….

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Argentina: Taxing Crypto Assets: Is the Law Always a Step Behind?

Ruling 2/2022 by the Argentine Federal Tax Authority (AFIP) reinterpreted existing legislation to hold cryptocurrencies subject to personal property tax. Does this make sense? Can the government and the taxpayer agree on when and how to calculate the tax?  How Crypto is Taxed Globally As investment in cryptocurrencies grows, governments have responded in wildly different…

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USA: IRS Issues Guidance on Deferral of Employee Social Security Taxes

On August 28, 2020, the Internal Revenue Service issued Notice 2020-65 (the “Notice”) to provide guidance on implementing the employee payroll tax deferral contained in President Trump’s Presidential Memorandum of August 8, 2020. The Notice authorizes, but does not require, employers to defer withholding and payment of the 6.2% employee-paid Social Security tax on wages…

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