ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On February 4, 2010, the Government of Argentina announced an extension of a tax-exemption program that benefits capital goods producers. The program, first launched in 2001, grants a tax credit on locally-produced capital goods, amounting to 14% of sales price. The benefit will expire on June 30, 2010.
On June 3, 2010, the Government of Argentina announced a new 6-month extension of the program. The benefit will now expire on December 31, 2010.
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