On 8 June 2022, Argentina’s tax authorities published General Resolution 5204/2022 to announce an update of the parameters for determining if an individual is subject to file the Informative Income Tax and Wealth Tax returns for the 2021 tax year.1 (For prior coverage, see GMS Flash Alert 2022-111, 7 June 2022.)

The norm establishes the obligation to file an informative tax return for those individuals who have obtained a certain gross amount of compensation in the fiscal year (whether they are taxed, exempt, and/or not liable for income tax).  The update sets the new amount at ARS 3,700,000.


This update may change the filing requirements for those employees in Argentina whose annual gross income during 2021 was between ARS 2,500,000 and 3,700,000, thereby subjecting fewer individuals to this filing obligation.  

The informative tax return deadline is 30 June.

More Details

The obligation to file an informative Income and Wealth Tax return applies to individuals whose only source of income is employment income subject to withholding at the source and whose annual gross income exceeds the minimum set by the Argentine tax authorities (currently set at ARS 3,700,000).

The due date established for this type of filing is 30 June 2022.  



Companies with globally-mobile employees who are part of an Argentine payroll should consult with their tax service professionals about the population that would need to file the informative tax returns considering the new parameter around income, because this modifies the information that was initially required.


1  See (in Spanish) the “Resolución General 5204/2022” published in the Boletín Oficial at: https://www.boletinoficial.gob.ar/detalleAviso/primera/264164/20220608


ARS 1 = USD 0.00814

ARS 1 = EUR 0.007776

ARS 1 = GBP 0.00667

ARS 1 = BRL 0.0417

Source: www.xe.com

The information contained in this newsletter was submitted by the KPMG International member firm in Argentina.


Connect with us

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today


GMS Flash Alert is a Global Mobility Services publication of the KPMG LLP Washington National Tax practice. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

© 2023 KPMG, KPMG, una sociedad argentina y firma miembro de la red de firmas miembro independientes de KPMG afiliadas a KPMG International Ltd, una entidad privada Inglesa limitada por garantía que no presta servicios a clientes. Derechos reservados.

Para más detalles sobre la estructura de la organización global de KPMG, por favor visite https://kpmg.com/governance.