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New tax amnesty regime – unreported foreign currency

|Approved Changes|Argentina
Argentina

Law 26,860, published in the Official Gazette of 3 June 2013 and in force from that date, provides a tax amnesty concerning unreported foreign currency placed inside or outside the country at 30 April 2013. The main features are as follows.

Benefits

No tax will be levied on individuals or companies, whether registered as taxpayers or not, that declare the unreported monetary assets.

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