The amending protocol to the 2019 income and capital tax treaty between Argentina and Luxembourg was signed on 25 October 2024. The protocol is the first to amend the treaty, which has not yet entered into force, and includes the following changes:
- The withholding tax exemption on interest on "loans of any nature — not represented by bearer instruments — granted on preferential terms" under subparagraph 3(b) of Article 11 (Interest) is amended to provide that such loans must be granted on pr…