DT2520.2 - Argentina: double taxation agreement, Article 2: Taxes covered

(1) This Convention shall apply to taxes on income and on capital imposed on behalf of each Contracting State, irrespective of the manner in which they are levied.

(2) There shall be regarded as taxes on income and on capital all taxes imposed on total income, on total capital, or on elements of income or of capital, including taxes on gains from the alienation of movable or immovable property, as well as taxes on capital appreciation.

(3) The existing taxes to which the Convention shall apply are, in particular:

(a) in the case of the United Kingdom:

(i) the income tax;
(ii) the corporation tax; and
(iii) the capital gains tax.

(hereinafter referred to as `United Kingdom tax`);
(b) in the case of Argentina:

(i) the income tax (impuesto a las ganancias);
(ii) the assets tax (impuesto sobre los activos); and
(iii) the personal assets tax (impuesto personal sobre los bienes no incorporados al proceso económico);

(hereinafter referred to as `Argentinian tax`).

(4) This Convention shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Convention in addition to, or in place of, the taxes of that Contracting State referred to in paragraph (3) of this Article. The competent authorities of the Contracting States shall notify each other of any substantial changes which have been made in their respective taxation laws.