The gap is driven by the headline tax structure — no special regime applied. Both countries are indicated in USD at the displayed FX.
| Personal income tax progressive · top 35% | $35,000 |
| Social security no statutory contribution | — |
| Total deductions | $35,000 |
| Gross income | $100,000 |
| Net take-home | $65,000 |
| Personal income tax progressive · top 25% | $18,350 |
| Social security 9.8% employee · uncapped | $9,750 |
| Total deductions | $28,100 |
| Gross income | $100,000 |
| Net take-home | $71,900 |
| Instrument | Argentina · USD | Panama · USD | Δ (PA − AR) |
|---|---|---|---|
I. Personal income tax | |||
Personal income tax ARprogressive · top 35%PAprogressive · top 25% | $35,000 | $18,350 | −$16,650 |
| subtotal · personal income tax | $35,000 | $18,350 | −$16,650 |
II. Mandatory social security & health | |||
~9.75%. AR—PA9.8% · uncapped | — | $9,750 | +$9,750 |
| subtotal · mandatory social security & health | $0 | $9,750 | +$9,750 |
| Total deductions | $35,000 | $28,100 | −$6,900 |
| Effective rate | 35.0% | 28.1% | -6.9 pp |
| Gross income | $100,000 | $100,000 | — |
| Net take-home | $65,000 | $71,900 | +$6,900 |
Table 1 · Statutory deductions, single-filer remote worker, FY2026 indicative. All amounts in USD. n/a where instrument does not apply. | |||
| PPP basis · NYC = 100 | Argentina | Panama | Δ |
|---|---|---|---|
Cost-of-living index Indicative · placeholder until COL table ships | 38.0 | 50.0 | +12.0 pts |
Nominal net (annual) From the engine — exact | $65,000 | $71,900 | +$6,900 |
| Real net · Argentina basket | $65,000 | $54,644 | −$10,356 |
Every line above can be traced to a primary instrument. We publish the model; you may toggle its parameters.
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