Overview
- Following its October 26 midterm gains, the government is refining a tax package as its stronger congressional bloc seeks to advance second‑phase reforms.
- Economy Minister Luis Caputo says the plan will lower personal Income Tax and promote capital‑market development.
- President Javier Milei has said the proposal targets the elimination of roughly 20 taxes considered to hinder economic activity.
- Tax specialist César Litvin highlights the need to cut distortionary subnational charges such as Ingresos Brutos and municipal rates, and he advocates scrapping export and bank debits/credits levies and easing VAT credit recovery.
- A new IARAF report counts 155 taxes in Argentina, finds just 12 generate 94% of revenue, and estimates consumers face 21 to 46 different levies per year depending on their spending profile.