AR · AmericasPE · Americas

Argentina vs Peru: tax rates compared

Argentina has an income tax rate of 35%, 5pp above Peru's 30%. The 200-country average is 28%: both sit above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%35%Corporate29.5%35%VAT18%21%Capital Gains0%5%Wealth Tax0%1%
five shared taxes, side by side
Tax AR PEDifference
Income Tax35%30%AR +5 pp
Corporate Tax35%29.5%AR +5.5 pplargest gap
VAT21%18%AR +3 pp
Capital Gains Tax0%5%PE +5 pp
Wealth Tax1%0%AR +1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Argentina35%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Difference+5 ppArgentina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Argentina35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Peru29.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5.5 ppArgentina higher

Argentina has a corporate tax rate of 35%, 5.5pp above Peru's 29.5%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Argentina21%Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
Difference+3 ppArgentina higher

Argentina has a VAT rate of 21%, 3pp above Peru's 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Argentina0%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16
Peru5%Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13
Difference−5 ppPeru higher

Peru has a capital gains tax rate of 5%, 5pp above Argentina's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Argentina1%Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
Difference+1 ppArgentina higher

Argentina has a wealth tax rate of 1%, 1pp above Peru's 0%. The 193-country average is 0.1%: Argentina sits above it, Peru sits below it.

Not covered for both countries yet: Crypto Tax.