- Agency Replacement: The Argentine government announced the dissolution of AFIP, replacing it with ARCA, resulting in a 34% reduction in public positions and the relocation of 3100 irregularly employed staff.
- Budget Savings: These changes aim to save approximately ARS 6.4 billion annually.
- Policy Changes: The government will eliminate the VAT exemption for newspapers, magazines, periodicals, and digital subscriptions.
Source Orbitax
Latest Posts in "Argentina"
- Argentina Eliminates Export Duties on 231 Mining Products to Boost Investment and Exports
- Argentina Exempts Select Sectors from Advance VAT Collection for Transactions Under ARS 10 Million
- Argentina Clarifies VAT Compliance: When Advance Collection Is Exempt
- Argentina Relaxes Advance VAT Collection Requirements for Certain Economic Activities
- Parliament Advances 50% VAT Reduction to Address Currency Disparity with Brazil and Argentina
