Law No. 27,346 was enacted on 27th December 2016 by Argentina through publication in the Official Gazette. The Law makes several amendments to the Argentine tax regulations. The law adds a new VAT payment mechanism on services provided in Argentina by non-residents; modifies the personal income tax rules and the simplified system for small taxpayers; increases the corporate income tax rate for the purpose of gambling and betting activities; and introduces a new tax on speculative financial transactions.
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