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Argentina Reduces Personal Income Tax for Certain Employees

|Approved Changes|Argentina
Argentina

On 7 May 2015, Argentina published General Resolution 3770/2015 in its Official Gazette. The resolution includes a measure for the reduction in personal income tax for employees earning between ARS 15,000 and ARS 25,000 per month as announced by Argentina's Minister of Economy Axel Kicillof on 4 May 2015. The reduction is in the form of a 20% increase in the allowable standard personal deductio…

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