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Argentina’s Industrial Lobby Backs Milei Reforms, Presses Caputo for Tax and Labor Overhaul

UIA leaders call for a wider tax base with a redesigned monotributo to curb informality.

Overview

  • UIA president Martín Rappallini said just 1,000 CUITs account for half of tax revenue and 10,000 for 75%, arguing the system needs broader participation.
  • Industrial leaders are seeking a meeting with Economy Minister Luis Caputo to push microeconomic measures that strengthen sector competitiveness.
  • The agenda includes revising monotributo and responsables inscriptos to create a stepped regime that encourages firms to formalize.
  • Rappallini endorsed the government’s macro focus while urging actions that lower inflation and ease the tax burden on production and value chains.
  • Caputo recently told the UIA that the government is operating an exchange-rate band system and building reserves to stabilize conditions.