New List of Non-Cooperative Jurisdictions for Tax Purposes
The Executive Branch updated the list and reduced it from 80 to 75 jurisdictions.
Decree 603/24 was published in the Official Gazette on July 10, 2024, amending article 24 of the Regulatory Decree of the Income Tax Law and updating the list of non-cooperative jurisdictions for tax purposes.
Non-cooperative jurisdictions are defined in article 19 of the Income Tax Law as those countries or jurisdictions that:
- do not have in force a Tax Information Exchange Agreement (TIEA) with Argentina,
- do not have in force a Double Taxation Treaty (DTT) with Argentina, including a broad clause of exchange of information,
- have in force a TIEA or a DTT with Argentina but do not comply in the facts with their obligation to share information.
Pursuant to the law, the Argentine Executive will be responsible for issuing and updating the list of non-cooperative jurisdictions. Such list is currently included in article 24 of the Regulatory Decree of the law. Article 24 of the Regulatory Decree, as amended by Decree 603/24, includes the following 75 jurisdictions:
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1. Brecqhou 2. State of Eritrea 3. Vatican City State 4. State of Libya 5. Plurinational State of Bolivia 6. Ascension Island 7. Sark Island 8. St. Helena Island 9. Solomon Islands 10. Federated States of Micronesia 11. Kingdom of Bhutan 12. Kingdom of Cambodia 13. Kingdom of Lesotho 14. Kingdom of Tonga 15. Kyrgyz Republic 16. Arab Republic of Egypt 17. Syrian Arab Republic 18. People's Democratic Republic of Algeria 19. Central African Republic 20. Co-operative Republic of Guyana Republic of Angola 22. Republic of Belarus 23. Republic of Burundi 24. Republic of Côte d'Ivoire 25. Republic of Cuba 26. Republic of Philippines 27. Republic of Fiji 28. Republic of Gambia 29. Republic of Guinea 30. Republic of Equatorial Guinea 31. Republic of Guinea-Bissau 32. Republic of Haiti 33. Republic of Honduras 34. Republic of Iraq 35. Republic of Kiribati 36. Republic of the Union of Myanmar 37. Republic of Madagascar 38. Republic of Malawi 39. Republic of Mali |
40. Republic of Mozambique 41. Republic of Nicaragua 42. Republic of Palau 43. Republic of Sierra Leone 44. Republic of South Sudan 45. Republic of Suriname 46. Republic of Tajikistan 47. Republic of Trinidad and Tobago 48. Republic of Uzbekistan 49. Republic of Yemen 50. Republic of Djibouti 51. Republic of Zambia 52. Republic of Zimbabwe 53. Republic of Chad 54. Republic of Niger 55. Republic of Sudan 56. Democratic Republic of Sao Tome and Principe 57. Democratic Republic of Timor-Leste 58. Republic of Congo 59. Democratic Republic of Congo 60. Federal Democratic Republic of Ethiopia 61. Lao People's Democratic Republic 62. Democratic Socialist Republic of Sri Lanka 63. Federal Republic of Somalia 64. Federal Democratic Republic of Nepal 65. Gabonese Republic 66. Islamic Republic of Afghanistan 67. Islamic Republic of Iran 68. People's Republic of Bangladesh 69. Democratic People's Republic of Korea 70. Togolese Republic 71. United Republic of Tanzania 72. British Overseas Territory Pitcairn, Henderson, Ducie and Oeno Islands 73. Tristan da Cunha 74. Tuvalu 75. Union of the Comoros
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The following jurisdictions have been taken off the list:
- Burkina Faso
- Independent State of Papua New Guinea
- Republic of Rwanda
- People's Republic of Benin
- Socialist Republic of Vietnam.
The new list will apply to tax periods starting on or after the publication of the Decree 603/24 in the Official Gazette.
This insight is a brief comment on legal news in Argentina; it does not purport to be an exhaustive analysis or to provide legal advice.