Milei government hikes taxes on dividends going abroad
Milei government hikes taxes on dividends going abroad

President Javier Milei’s government has decided to extend the so-called ‘PAÍS tax’ to the purchase of foreign currency for sending dividends abroad. The move runs counter to the government’s liberal policies but is in tune with its fiscal needs in a recessive economic context with both production and consumption slumping.At the same time the government has authorized currency going abroad for bond payments, which are also subject to the PAÍS tax.

May 7, 2024 

SOURCE: BUENOS AIRES TIMES

MORE COVERAGE: 

https://www.batimes.com.ar/news/economy/milei-government-hikes-taxes-on-dividends-going-abroad.phtml

By Nicolas

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