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09 September 2009

Argentine Proposal To Double VAT On Imported Electronics Meets Stiff Opposition.

WSJOURNAL.
A proposal to institute an "impuestazo," or big tax, that doubles--to 21%--the value-added tax on most electronics goods not produced in Argentina's Tierra del Fuego special economic zone is being heavily lobbied against in the nation's Senate by multinational electronics makers.
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Labels: "impuestazo", Argentina, VAT tax increase
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