Corporate Tax, Argentina updates

Tax amnesty: are bonds an attractive option?
  • Argentina
  • July 08 2016

The government is proposing an ambitious tax amnesty law which would allow taxpayers to disclose undeclared assets and extinguish any tax obligation relating to such assets by paying a penalty. The government proposal gives taxpayers the option to use the disclosed assets to subscribe to a three-year zero coupon bond and a seven-year 1% per year coupon bond.

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