Argentina Home Latin America Argentina Tax Pages Rental Income Tax Argentina More AR × Argentina Financial Overview Overview House Prices Market in Depth Rental Yields Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Where to Buy Survey of Argentina Argentina Buenos Aires City Comuna 1 Comuna 2 Key Contacts Accountants Lawyers Real Estate Agents Income tax on rent, worked example, in Argentina November 07, 2016 Non-resident couple´s rental income1 Monthly Rental Income2 1,500 6,000 12,000 Annual Rental Income 18,000 72,000 144,000 Less Expenses3 7,200 28,800 57,600 = Taxable Income 10,800 43,200 86,400 Income Tax4 Flat rate 24.50% 2,646 10,584 21,168 Annual Income Tax Due 2,646 10,584 21,168 Tax Due as % of Gross Income 14.70% 14.70% 14.70% Notes 1 The property is jointly owned by husband and wife. 2 Exchange rate used: 1.00 US$ = 15.00 ARS 3 The 40% standard deduction accounts for income-generating expenses 4 Nonresidents are taxed at a flat rate of 24.50% on 60% of gross income [(60% of gross income)*24.50%]; an effective rate of 21% on gross income (21% * gross income). This income tax is withheld by the tenant. Comments Be the first to comment on this article! Login or Register to submit a comment! In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.