On 1 July 2016, Argentina published National Decree no. 824/2016 in the Official Gazette. The Decree extends to 31 December 2016 the incentive provided under Decree No. 379/2001 for the domestic manufacture of certain goods, including capital goods, IT, telecommunications equipment, and agricultural machinery. The incentive is in the form of a tax credit equal to 14% of the value of the goods produced that can be applied against value added tax, income tax, excise taxes and minimum presumed i…