Business

Government suspends Knowledge Economy Law tax benefits

The Minister of Productive Development, Matías Kulfas, suspended the application of the promotion regime of Law 27.506, known as the “Knowledge Economy Law” that granted tax benefits to productive activities based on the intensive use of technology and digital information, which is Argentina’s third export activity. Kulfas argues that it is necessary to review these benefits in order to strengthen SMEs through amendments to the law to be discussed in Congress.

Source: Télam