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Argentina has a progressive tax on personal income that is collected as a deferred tax. It also has a flat rate tax on business income ( corporate tax ) - 35%. There is a stamp tax of 1.5% on the total value of real property , whether it gained or lost value, as opposed to just 1.5% applied only to realised capital gains.
Argentine President Javier Milei announced plans to shut down the country's tax collection agency, a bold step in his ongoing effort to slash government spending and bureaucracy.. On Monday ...
On 12 June 2024, Argentina's Senate passed Milei's reforms by a majority vote of 37–36. The package included "measures on privatization and tax breaks for investors". [5] Most of the protests took place in Buenos Aires, the capital and most populous city in Argentina. Riot police attempted to disperse the protestors and arrested 18.
"The national government will advance a significant reduction in taxes, starting with the country tax, a distorting tax," said Milei during an event in the province of Cordoba. ... and now needs ...
Argentina's new government withdrew major spending reforms from a sweeping "omnibus" bill in Congress to facilitate its approval, the economy minister said on Friday, while stressing President ...
A tax reform that reduces tax pressure, simplifies the lives of Argentines and promotes trade. The rediscussion of federal tax sharing to end forever the current extortionate model. A commitment by the provinces to advance the exploitation of the country's natural resources. A modern labour reform that promotes formal work.
The bill, which must now go through the Senate, passed with 135 votes in favor and 103 against. ... Argentina's lower house on Tuesday passed a government-backed bill to cut taxes on high-income ...
On 13 January, Ecuadorian president Daniel Noboa accepted Argentina's (and the US's) military aid. [52] On 25 January 2024, Colombia summoned its ambassador in Argentina to protest recent comments by Javier Milei, where Milei called Colombian president Gustavo Petro a "murderous communist who is sinking Colombia". [53]