Argentina has published Law 27653 of 11 November 2021, providing tax relief to strengthen the economy in light of the COVID-19 pandemic. General Resolution 5101/2021 of 18 November 2021 has also been published, providing implementing rules for the law.
The law provides tax debt forgiveness for non-profit entities, as well as micro and small companies and natural persons considered small taxpayers with debts of less than ARS 100,000. The debt forgiveness covers outstanding tax, customs, and…