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Minister Alfonso Prat-Gay takes part in meetings with the IMF and the World Bank, shortly after the end of the default.. The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's ...
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 ...
Tax evasion has long saddled Argentina's public finances, shifting the burden to the middle and working classes by way of high value-added taxes (which are easier to collect). Improvements in enforcement since the 1990s have abated the problem from its peak in the 1980s, when fully half of all tax liabilities (and most income taxes) were evaded ...
"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.
The ERC is a legitimate tax credit established to help businesses with the cost of keeping staff employed during the pandemic, enacted by the Coronavirus Aid, Relief, and Economic Security Act, or ...
The tax was introduced by the federal government in 1982. The power to levy the tax was transferred to the states in 1990, except for Norfolk Island which did not charge it. The tax was abolished by the states on dates between 1 July 2002 and 1 July 2005 as part of the package of reforms for the introduction of the goods and services tax.
The earliest effort was in September when the tax agency put a moratorium on filing for the credit. It then asked small business owners to review pending claims and voluntarily withdraw any ...