ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On January 17, 2018, the Argentine Executive published Decree 50/2018 regulating the fiscal benefits included in the Law 26,270 concerning the development and promotion of the biotechnological industry. The new rules make effective the provisions concerning the accelerated depreciation of the Income Tax and early repayment of VAT for the acquisition of capital goods.
The Biotechnology Law and the benefits disclosed on it only apply to Argentine companies.
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