Tag: Argentina fiscal package

• Thursday, December 19th 2019 - 09:59 UTC

  Argentina emergency bill in Congress: 30% tax on dollar purchases and six month freeze on public utilities rates

  

  Argentina's new government announced on Tuesday a 30% tax on foreign currency purchases and a six-month freeze on public utility prices as part of a raft of measures to boost growth. The government of President Alberto Fernandez, who took office last week, had already announced increases in taxes on agricultural exports over the weekend.