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Argentine Provinces Set 2026 Budgets: Córdoba Readies Tax Cuts as Buenos Aires Files Plan and Seeks $1.99 Billion

Committee hearings in Buenos Aires begin next week after the electoral pause.

Overview

  • Córdoba Governor Martín Llaryora previewed a 2026 budget with a broad tax reduction focused on SMEs, including further cuts to Ingresos Brutos for commerce and services.
  • Beyond general relief, Córdoba plans targeted measures such as selective property tax reductions and an investment of nearly $100 million for development in the province’s northwest and south.
  • Opposition legislators in Córdoba demanded debate on the 2024 spending accounts and questioned whether the promised tax relief will be substantive.
  • The Buenos Aires budget package takes parliamentary status today, with formal committee debate slated for next week and a request for authorization to borrow about $1.99 billion to cover 2026 financing needs.
  • Buenos Aires officials outlined no changes to Ingresos Brutos rates, the elimination of additional property-tax installments, a nominal vehicle tax reduction for 75% of registered cars, and new funds including a 900 billion-peso national-debt recovery fund and a municipal investment facility tied to the financing law.