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Argentina Amends and Extends Domestic Capital Goods Manufacturing Incentive

|Approved Changes|Argentina
Argentina

Argentina has published Decree 96/2020 of 21 January 2020, which amends and extends to 31 December 2020 the incentive provided under Decree 379/2001 for the domestic manufacture of certain goods, including capital goods, IT and telecommunications equipment, and agricultural machinery. The incentive is in the form of a tax credit (credit bond) equal to a percentage of the value (sales price) of the goods produced (with adjustments for imported inputs, parts, or components) that can be applied…

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