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Montevideo, November 22nd 2017 - 09:27 UTC

Tag: Argentina income tax

  • Wednesday, November 1st 2017 - 08:46 UTC

    Argentina unveils plan to slash corporate income taxes to promote investment

    The bill to slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.

    Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in Latin America's no.3 economy. The bill, which would slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.