Taxation of dividends and profit distributions

On 23 September 2013, Law No. 26,893 was published in the Official Gazette and became effective from that date. Under the Law, which amends the Income Tax Law (LIG), dividends and profit distributions are subject to tax when derived by resident or non-resident taxpayers.

Taxable income

Dividends and profits distributed by the following entities are subject to tax:

…

-

joint-stock companies (sociedades anónimas, SA);