Argentina's government has proposed an extension of provisions allowing for increased taxation of assets held abroad through increased personal assets tax (wealth tax) rates. The proposed extension was reportedly submitted as a part of the budget bill for 2022 on 16 September 2021, allowing for an increase in the standard personal assets tax rates by up to 100%, which results in a possible top rate of 2.5% for assets held abroad. The increased taxation was previously allowed for the 2019 and …
