Cresud foreign-holder dividend rate: ARS 1,537/$1
The 7% dividend withholding tax is established under Section 97 of the Income Tax Law.
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Rhea-AI Filing Summary
Cresud Inc. (CRESY) stated that the applicable exchange rate for foreign shareholders who exercised their option on October 28, 2026, is USD 1 = ARS 1,537.00. Dividend distributions are subject to a 7% withholding tax; for both cash and in-kind dividends, the tax is deducted directly from the cash dividend.
Key Figures
Key Terms
withholding tax financial
in-kind dividends financial
exchange rate financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How is CRESY's dividend withholding tax deducted?
AI-generated analysis. How Rhea-AI works. Not financial advice.