Martín Guzmán celebrated the G7 decision to agree on a global tax for multinationals

However, and despite this celebration, the head of the Treasury made a finding: “But beware: the minimum rate will probably also be the maximum rate. And 15% is very little.

What is the objective of this G7 decision? US President Joseph Biden’s proposal to sanction 15% income tax for large corporations, continues the dual objective of stopping the flight of income to third countries and, on the other hand, of financing infrastructure projects.

Biden’s move aims to set aside plans to raise corporate tax rates up to 28% and instead, sanction a minimum tax rate of 15% aimed at ensuring that all companies pay taxes in the country, according to White House sources to international media.

In January, in Argentina, the payment of the Extraordinary Solidarity Contribution of Large Fortunes was regulated. Later, in May, AFIP said it had collected 223,000 million pesos from this tribute. Preliminary data shows that 10,000 people with assets exceeding 200 million pesos have fulfilled the obligations laid down by the law passed in December to mitigate the effects of the Covid-19 epidemic.

“Most of the taxpayers affected by the solidarity and extraordinary contribution have fulfilled their obligation. The resources generated will be essential to face the health and economic emergencies that the pandemic imposes on us.“, Had assured through a press release the head of AFIP, Mercedes Marcó del Pont.