We are constantly working to improve the site, and to add more laws to our database. If you are receiving value from using our site please consider signing up for a subscription to support the site and to get many additional benefits for you.
Key Benefits:
(You can close this ad by clicking anywhere on the page.)
Key Benefits:
The Senate and Chamber of Deputies of the Argentine Nation assembled in Congress, etc. sanction with force of Law:
ARTICLE 1 (b) Defer the waiver or, where appropriate, the treatment as non-computable property, in the tax on the alleged minimum profit de under Title V of Law 25.063 and its modifications que that, under the conventions or regimes to improve competitiveness and the generation of employment, held under article 25,414, are provided for in article 1 (b) of Decree 730 of 1 June 2001 ARTICLE 2 Amend article 12 (a) and (b), title V of Law 25.063 and its amendments, which shall be drafted as follows: (a) The value of the tangible property, of first use, except motors, in the exercise of acquisition or investment and the following. In addition, the value of identical assets, where the taxpayer has not effectively commenced the activity in relation to third parties, and until such time the activity has not been effective; (b) The value of investments in the construction of new buildings or improvements, as set out in article 4 (b), in the period in which total or, where appropriate, partial investments are made, and as follows. Similarly, the value of investments in the acquisition, construction or improvement of new buildings and/or immovable property in general shall not be computed with respect to the property mentioned in the preceding paragraph, until the activity of the person, entity or undertaking that involves them and to which they belong has not been effective in respect of third parties. In the case of the second paragraph of this subparagraph and the second paragraph of subparagraph (a), the activity shall not be initiated during the trial periods, while and as soon as the same does not exceed the four calendar months. When the commencement of the activity contemplated in the second paragraph of this subparagraph and subparagraph (a), after the commencement of the fiscal period, the tax, in respect of the assets specified in the above-mentioned subparagraphs, shall be applied only in the following period. The provisions of the second paragraph of subparagraph (a) and of the second and third paragraphs of this subparagraph shall apply only to a maximum of three (3) periods following that of the materialization of the investment. ARTICLE 3 No. 10 of 2001, No. 761 of 11 September 2001, 1216 of 26 September 2001 and 1436 of 6 November 2001 This authorization will expire on 25 May 2003. ARTICLE 4 The provisions of this Act shall enter into force on the day of its publication in the Official Gazette and shall have effect Article 4 for the taxable facts that are perfected, for the purchases that are made or, where appropriate, for the fiscal periods that close from that date, including. ARTICLE 5° Contact the Executive.IN THE SESSION OF THE ARGENTINE CONGRESS, IN GOOD AIRES, THE DOCE OF MARCH OF TWO MIL TRES.
EDUARDO O. CHANGE. . JOSE L. GIOJA. . Eduardo D. Rollano. . Juan C. Oyarzún.
NOTE: The bold texts were observed.
