On 10 August 2016, Argentine Law 27264 entered into force, which provides a special tax program to support the productivity of micro, small and medium-sized enterprises. The main benefits of the program include:
- The 1% corporate asset tax (creditable minimum tax) repealed effective 1 January 2019 by Law 27260 ({News-2016-07-27/A/2- previous coverage}) is repealed for SMEs effective 1 January 2017;
- For micro and small enterprises, the financial transactions tax on bank account debits and cre…