The Argentine tax authority (AFIP) has announced an increase in the special tax allowance/deduction for employees, effectively increasing the tax exemption on monthly salary. The increase is provided by Decree No. 267/2023 and regulated by General Resolution No. 5358/2023, which were published in the Official Gazette on 11 May and 15 May 2023, respectively.

As per Law 27617, which entered i…