Two tax incentive regimes in force in Argentina for certain investments have been extended.

Law 26.895 which was published in the official gazette on 22 October 2013 has been extended to 31 December 2014. This relates to the period for taxpayers to register for the applicable regime for the promotion of investments in capital goods and infrastructure projects.

Decree N° 1591, relating to the incentive regime for capital goods, IT and telecommunications investments, which was published on 23 October 2013, has been extended to 31 December 2013.