Peru vs Argentina
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π΅πͺ Peru β Municipal Taxes & Regional Licenses
Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%β1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.
π¦π· Argentina β Provincial & Municipal Taxes
Argentina's 23 provinces and CABA each levy their own Ingresos Brutos (gross receipts tax) at 1%β8%, one of the most distortive taxes in the system. Municipalities add tasas (fees/rates) on commercial activity. Property taxes (inmobiliario) are provincial. The national IIBB cascades through supply chains, raising effective business costs significantly. Buenos Aires province has higher rates than interior provinces. Frequent tax amnesties and complex withholding regimes add compliance burden.
Peru vs Argentina: Key Tax Differences (2026)
π° Income Tax: π¦π· Argentina has a higher top income tax rate (8β30% vs 5β35%). π΅πͺ Peru is more favourable for high earners.
π VAT/Sales Tax: Argentina has a higher consumption tax (18% vs 10.5β21%).
π’ Corporate Tax: π΅πͺ Peru offers a lower corporate rate (29.5% vs 35%), which can influence business location decisions.
π Capital Gains: π΅πͺ Peru taxes investment gains at a lower rate (5% vs 15%), benefiting investors.