Argentina published Law 27638 in the Official Gazette on 4 August 2021, which provides for the introduction of certain income tax and personal assets tax exemptions to support investments denominated in Argentine pesos (ARS). This includes an income tax exemption on interest derived from ARS denominated bank deposits with an adjustment clause for inflation, as well as an income tax exemption on interest or income derived from ARS denominated financial instruments to be created by the Executi…