Argentina’s CFC rules apply to all types of income, regardless of its nature.  Income from foreign entities subject to the CFC rules detailed in the previous section will be taxed as they would have been taxed for an argentine resident, according to the income category that it belongs to, calculating the transactions carried out during the fiscal year in accordance with the rules related to the determination of net income, conversion, and tax rates that would have been applicable had they been obtained directly.  
As regards to passive income, the definition includes: interests, dividends, royalties, capital gains, leasing of real estate, income from derivative financial instruments and income derived from capitalization and insurance operations.