FOREX TradingCharts.com

Financial News: ARGENTINA: Representatives Pass Macri's Tax Reform

ARGENTINA: Representatives Pass Macri's Tax Reform

12/20/2017 - 16:19:00 (RTTNews)

(RTTNews) - After the approval of a controversial pension reform, the Argentinean ruling coalition pressed ahead the tax reform bill sponsored by the Mauricio Macri administration. The legislation obtained 146 votes in favor, 77 against and 18 abstentions.

Now the bill moves ahead to the Senate, which launched discussions on Wednesday. It is expected to be the first debate attended by the former president and current senator Cristina Kirchner.

According to the government, the reform intends to reduce the tax burden on businesses and creates some new taxes in the next five years.

The bill applies the income tax to part of the severance funds received by workers and cuts taxes that companies must pay for each worker. Also, companies will be able to deduct from their income tax the amount of a financial transaction tax paid to the Argentinean government. Argentina will also apply taxes to the net gains obtained by resident and non-resident investors with fixed-income assets.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: Prosecutors Want BNY Mellon To Pay R$ 8.2 Billion To Postalis (33 min(s), 41 sec(s) ago)
(RTTNews) - The Brazilian Public Prosecutor's Office in São Paulo (MPF-SP) filed a public civ ...Full Story»

COLOMBIA: Industrial Production Rises 0.3% In November On Annual Basis (47 min(s), 41 sec(s) ago)
(RTTNews) - Colombia's industrial output rose by 0.3% in November on an annual basis, while sa ...Full Story»

CHILE: Cochilco Raises Copper Price Estimate To US$ 3.06 Per Pound In 2018 (03 hr(s), 24 min(s), 41 sec(s) ago)
(RTTNews) - The Chilean Copper Commission (Cochilco) raised its 2018 average copper price estimate ...Full Story»

ARGENTINA: YPF And Statoil Reach Exploration Agreement In Neuquén (03 hr(s), 38 min(s), 41 sec(s) ago)
(RTTNews) - Argentinean state-owned oil company YPF sealed a definitive agreement with Statoil Arg ...Full Story»

Decrypting 'Cryptocurrency' (06 hr(s), 17 min(s), 41 sec(s) ago)
(RTTNews) - A cryptocurrency is a digital asset that works on a medium that uses cryptography, the ...Full Story»

Ripple Revealed (06 hr(s), 24 min(s), 41 sec(s) ago)
(RTTNews) - Ripple is one of the most popular cryptocurrencies in South Korea, a leading market fo ...Full Story»

S. Africa CB Maintains Key Rate (06 hr(s), 34 min(s), 41 sec(s) ago)
(RTTNews) - South Africa's central bank kept its key interest rate unchanged on Thursday and g ...Full Story»

Philly Fed Index Indicates Slower Growth In January (06 hr(s), 35 min(s), 41 sec(s) ago)
(RTTNews) - Growth in activity in the Philadelphia-area manufacturing sector slowed by more than a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: Prosecutors Want BNY Mellon To Pay R$ 8.2 Billion To Postalis

01/18/2018 - 16:01 PM (RTTNews)
(RTTNews) - The Brazilian Public Prosecutor's Office in São Paulo (MPF-SP) filed a public civ ...Full Story>>

COLOMBIA: Industrial Production Rises 0.3% In November On Annual Basis

01/18/2018 - 15:47 PM (RTTNews)
(RTTNews) - Colombia's industrial output rose by 0.3% in November on an annual basis, while sa ...Full Story>>

CHILE: Cochilco Raises Copper Price Estimate To US$ 3.06 Per Pound In 2018

01/18/2018 - 13:10 PM (RTTNews)
(RTTNews) - The Chilean Copper Commission (Cochilco) raised its 2018 average copper price estimate ...Full Story>>

ARGENTINA: YPF And Statoil Reach Exploration Agreement In Neuquén

01/18/2018 - 12:56 PM (RTTNews)
(RTTNews) - Argentinean state-owned oil company YPF sealed a definitive agreement with Statoil Arg ...Full Story>>

Decrypting 'Cryptocurrency'

01/18/2018 - 10:17 AM (RTTNews)
(RTTNews) - A cryptocurrency is a digital asset that works on a medium that uses cryptography, the ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.