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Argentina amends promotional tax system for knowledge-based economy

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Argentina

On 26 October 2020, Argentina enacted Law 27,570, which amends the promotional regime for the knowledge-based economy by imposing new requirements to qualify for the regime and modifying certain benefits.

Background

In June 2019, Argentina enacted Law 27,506, which established the promotional regime for the knowledge-based economy. The regime was suspended by the Government in January 2020 with the …

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