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Argentina Introduces Additional Tax on Foreign Currency Purchases

|Approved Changes|Argentina
Argentina

Argentina has published General Resolution 4815/2020 of 15 September 2020. The Resolution provides for a 35% tax in addition to the tax on foreign currency purchases (Impuesto Para una Argentina Inclusiva y Solidaria - PAIS tax), which was introduced by Law 27.541 on Social Solidarity and Productive Reactivation and regulated by General Resolution 4659/2020 ({News-2020-01-22/A/2-previous cover…

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