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New Income and Personal Property Exemptions

Through Decree 620/2016 published in the Official Gazette on 09.23.2021 the Executive Branch included in the exemption from income and personal property tax the instruments in local currency that meet the following requirements: MORE.

Unconstitutionality of Solidary Responsibility in the Province of Buenos Aires: The “Toledo” Ruling

On August 30, 2021, the Supreme Court of the Province of Buenos Aires (SCPBA) ruled in the case “Toledo, Juan Antonio vs. A.R.B.A. Incidente de revisión”, in which the constitutionality of the articles of the Tax Code of the Province of Buenos Aires that regulate the joint and several liability of the members of the administrative bodies of companies for the taxes and fines owed by the company they are part of was discussed. MORE.

Ruling “ESSO” of the Supreme Court of Justice of the Nation

On September 2, 2021, the Supreme Court of Justice of the Nation (CSJN) ruled in the case “Esso Petrolera Argentina S.R.L. y otro c/Municipalidad de Quilmes s/ acción contencioso-administrativa”, in which the constitutionality of the municipal health and safety inspection tax (TISH) was discussed, MORE.

The Central Bank of Argentina Eases Payment of Commercial Debts

On 8/26/21 the BCRA issued Communication “A” 7348 which allows access to the foreign exchange market (MLC) to cancel commercial debts for the importation of goods or services in force as of 6/30/21, without the need for prior authorization from the BCRA, MORE.

RTCZZ Featured in Chambers and Partners Latin America 2022 Rankings

We are proud to share with you that for another year our firm has been recognized by Chambers & Partners. MORE.

Deferred Checks and Promissory Notes: Amendments to the Negotiation Regime

On August 23, Resolution 902/2021 of the National Securities Commission was published in the Official Gazette, by means of which the regulations of the regime for the negotiation of deferred payment checks and promissory notes were modified. MORE.

Modifications to the SME Regime

On August 20, Resolution 901/2021 of the National Securities Commission (CNV) was published in the Official Gazette, which modified certain issues related to the qualification of Small and Medium Enterprises (“PyME”), in order to align it with that of the Secretariat of Small and Medium Enterprises MORE.

National Public Sector Cybersecurity Focal Points Registry

The National Cybersecurity Directorate -depending on the Office of the Chief of Cabinet of Ministers- created the “National Public Sector Cybersecurity Focal Points Registry”, whose purpose is to group the officials in charge of Cybersecurity in the national public entities. MORE.

The National Securities Commission Created a Special Regime for Open Mutual Funds

The National Securities Commission created a special regime for Open Mutual Funds whose special purpose is constituted by national public debt securities, acquired in primary placement, with a maturity of less than or equal to 1 year. MORE.

Zero-Rate Credit Program 2021: What You Need To Know

On 12/8/21, Decree of Necessity and Urgency 512/21 was published in the Official Gazette of the Nation creating the Zero Rate Credit Program 2021 with the purpose of assisting workers adhered to the Simplified Regime for Small Taxpayers (“RS”), to accompany the productive recovery process (the “Program”). MORE.