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Argentina Introduces Venture Capital Incentive and Simplified Company Form to Support Entrepreneurship

|Approved Changes|Argentina
Argentina

Argentina's Law on support for entrepreneurship (Law 27349) was published in the Official gazette on 12 April 2017 and entered into force on 21 April. The main tax-related provision of the law is an incentive for venture (entrepreneurial) capital investments. The incentive provides that taxpayers may deduct 75% of venture capital investments made in qualifying start-ups and other qualifying companies if incorporated in the past seven years. For investments in less developed areas with less ac…

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