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30 May 2025

Argentina enacts Multilateral Instrument law

  • Law No. 27,788, which approves the Multilateral Instrument (MLI), was published in Argentina's Official Gazette on 28 May 2025.
  • The MLI aims to implement Tax-Treaty-Related Measures to prevent Base Erosion and Profit Shifting.
  • The MLI will take effect three calendar months after its submission to the OECD.
  • Multinational companies operating in Argentina must assess the MLI's implications for their cross-border transactions.
 

Law No. 27,788, published in Argentina's Official Gazette on 28 May 2025, approves the Multilateral Instrument (MLI) to implement Tax-Treaty-Related Measures to Prevent Base Erosion and Profit Shifting (BEPS). (For background, see EY Global Tax Alerts, Argentine Senate approves Multilateral Instrument, dated 9 May 2025, and Argentine Chamber of Deputies approves Multilateral Instrument and other tax treaties, dated 9 October 2024.)

The MLI will enter into force upon the expiration of a period of three calendar months beginning on the date the instrument is submitted to the Organisation for Economic Co-operation and Development (OECD).

Multinational companies with a presence in Argentina should analyze the potential impact of the MLI in cross-border transactions.

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Contact Information

For additional information concerning this Alert, please contact:

Pistrelli, Henry Martin & Asociados S.R.L., Buenos Aires

Ernst & Young LLP (United States), Latin American Business Center, New York

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

Document ID: 2025-1162

 

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