December 9, 2013
Dividends, unlisted stocks to be taxed
The government will present a bill to Congress that would tax some financial transactions, AFIP tax bureau chief Ricardo Echegaray said, describing them as an effort to “share fiscal efforts” following the increase of the income tax floor.
Under the bill that will be debated in Congress, the tax rate of 15 percent will be applied to the purchase and sales of unlisted bonds and stocks. Meanwhile, a 10 percent tax on dividends will be also implemented.
“We found a way to free up the majority of workers who earn the least from paying the income tax," Echagaray said during the meeting with business and union leaders at the Government House, chaired by the President Fernández de Kirchner.