Compare gross receipts tax on financial activities across jurisdictions
Compare the gross receipts tax burden across provinces: tax rate, tax base, and whether financial instruments are taxed.
| Ranking (from highest to lowest) | Jurisdiction | Tax rate (%) | Levied on government securities | Levied on mortgage loans | |
|---|---|---|---|---|---|
| On gross receipts | On spread | ||||
| 1 | La Pampa | 9,10 | – | No | No |
| 2 | Buenos Aires | 9,00 | – | No | No |
| 3 | Catamarca | 9,00 | – | No | No |
| 4 | Córdoba | 9,00 | – | No | No |
| 5 | Chubut | 9,00 | – | No | No |
| 6 | Entre Ríos | 9,00 | – | No | No |
| 7 | La Rioja | 9,00 | – | No | Yes |
| 8 | Neuquén | 9,00 | – | No | No |
| 9 | Río Negro | 9,00 | – | No | No |
| 10 | Santa Fe | 9,00 | – | Yes | Yes |
| 11 | Tierra del Fuego | 9,00 | – | No | No |
| 12 | Tucumán | 9,00 | – | Yes | No |
| 13 | Autonomous City of Buenos Aires (CABA) | 8,00 | – | No | No |
| 14 | Jujuy | 8,00 | – | No | No |
| 15 | Salta | 8,00 | – | Yes | No |
| 16 | Santa Cruz | 8,00 | – | No | Yes |
| 17 | Misiones | 7,80 | – | Yes | No |
| 18 | San Juan | 7,80 | – | No | No |
| 19 | Chaco | 7,70 | – | No | No |
| 20 | Mendoza | 7,00 | – | No | No |
| 21 | San Luis | – | 6,50 | Yes | Yes |
| 22 | Formosa | 5,50 | – | No | No |
| 23 | Corrientes | 4,70 | – | No | No |
| 24 | Santiago del Estero | – | 3,00 | No | No |
Source: ADEBA, July 2025
Table content
This table shows the cost of gross receipts tax applied to financial transactions by each Argentine jurisdiction, including data on tax rate, tax base, and tax treatment of certain financial instruments.
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Criteria
- – The table exclusively displays gross receipts tax levied on financial activities.
- – Tax rates and tax bases may vary depending on the tax regime of each province or the Autonomous City of Buenos Aires.
- – Relevant information is presented for a comparative analysis across jurisdictions.
Useful definitions
- – Tax base | Income statement accounts: sum of credits (banks pay gross receipts tax on the gross amount of any interest they collect).
- – Spread | Difference between the lending rate and the deposit rate (banks pay gross receipts tax on the amount of any interest they collect, minus any interest they pay on their funding).
- – Government securities and mortgage loans | Financial instruments that, in some cases, are subject to the tax.