Argentina: Extension of tax benefits for mining suppliers and inclusion of uranium and thorium in the Investment Regime for the Mining Activity

In brief

General Resolution No. 5663 ("Resolution") published by the Customs Collection and Control Agency (ARCA) in the Official Gazette on 12 March 2025 establishes — among other provisions — that, effective as of 13 March 2025, suppliers of mining companies will not be subject to VAT and income tax withholdings when they possess "certificates of exclusion from the withholding regime" for VAT and income tax, respectively. It also includes uranium and thorium as minerals eligible for the tax benefits of the Investment Regime for the Mining Activity.


Contents

In focus

The Resolution amended General Resolution No. 5333, establishing that, among other provisions, suppliers of mining companies duly registered in the "Suppliers of Mining Companies" section of the "Tax Registry of Mining Activities" will not be subject to VAT and income tax withholdings when they possess "certificates of exclusion from the withholding regime" for VAT (granted under General Resolution No. 2226) and income tax (granted under General Resolution No. 830), respectively.

Additionally, uranium and thorium were included in the list of minerals eligible for the tax benefits of the Investment Regime for the Mining Activity established by Law No. 24196.

The aforementioned provisions will enter into force on 13 March 2025.

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