Thanks to Smith71 over the road:
On Tuesday morning, Argentina’s Lower House approved a pared-down version of President Javier Milei’s “omnibus bill” after the original version fell through in February. With 232 articles, down from the original 664, the bill still has to go through the Senate before it becomes law.
https://buenosairesherald.com/politics/javier-mileis-omnibus-bill-2-0-these-are-the-key-points
Investments
The eighth and final chapter of the bill establishes a stimulus law called Incentive Framework for Large Investments (RIGI, by its Spanish initials) which would grant tax benefits to companies that want to import and invest over US$200 million in Argentina. They would be exempt from national and provincial taxes and allowed to import goods without paying fees.If the Senate endorses RIGI, any previous laws opposing it would be nullified.
Tick tock
Thanks to Smith71 over the road: On Tuesday morning, Argentina’s...
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