Necesito aclarar informacion impositiva acerca de un proyecto en Argentina:
1- Foreign Currency Control Regulation in Argentina; - Please kindly find out with local authority.
2- Confirm the contract currency of Argentina onshore/ offshore part.- Sherry： our understanding is Offshoe shall be USD and Onshore (supervison services) shall be local currency, but please kindly further clarify.
3- The procedure to apply the Instituto Nacional de la Propiedad Industrial (INPI) in Argentina, both Argentina corporation and China Corporation. - Please kindly find out with local authority.
4- For technical service, engineering service and consulting service, the payer is requested to withold taxes on behalf of the recipient. Please kindly find out with local authority on the below details.
4.1- VAT 21%;
4.2- Withholding tax on engineering/ project management/ procurment management services, after the Bilateral Tax Treaty effectiveness the whitholidng tax rate is 10%; prior to the effectiveness of Bilateral Tax Treaty,
4.2.1- if the China recipient registered INPI, withholding tax rate is 28%?
4.2.2- if the China recipient hasn't registered INPI, withholding tax rate is 31.5%?
4.4- Stamp Duty
For our contracts (onshore / offshore), is it 1% of contract value in Argentina Province? Or Argentina offshore contact is exempted from Stamp Duty, only Argentina onshore contract is subejct to 1% stamp duty?
4.5- Is there any other tax withheld when OWNER pay engineering/procurement/fabrication/ project management service payment to Wison China?
4.6- Is there any other tax withheld when OWNER pay civil/ construction service payment to Wison Argentina?
5- Financial Transcation Tax - Please kindly find out more details with the bank if possible
5.1- 0.6% of deposits and withdrawals in bank accounts opened in local financial entities. 1.2% of any transactions made in a bank without using a bank account.
5.2- When OWNER transact payment to Wison's China Bank account, 1.2% of the payment amount will be deducted as tax.
5.3- When OWNER transact payment to Wison's Argentina Bank account, 0.6 % of the payment amount will be deducted as tax.
6- Business Tax - Please kindly find out with local authority.
6.1- It's local tax. The project is located in Province of Buenos Aires.
6.2- For offshore part, the tax rate of our project is 4.5% or 1.5%, or exempted from Business Tax?
6.3- For onshore part, if has, the tax rate of our project is 4.5% or 1.5%, or exempted from Business Tax?