Argentina has removed five tax jurisdictions from the list of non-cooperative tax jurisdictions maintained under Article 24 of the country’s Income Tax Regulations.
The following five tax jurisdictions have been removed: Benin, Burkina Faso, Papua New Guinea, Rwanda, and Vietnam.
Under Article 19 of the Income Tax Regulations, a “non-cooperative” tax jurisdiction is a country or jurisdiction that does not have a tax treaty (with an elaborate exchange information clause) or an information exchange agreement with Argentina.
As per the government, the five countries removed from the list are now in a position to exchange tax information with Argentina.
The updated list was gazetted on July 11.