Key Benefits:
The Senate and Chamber of Deputies
of the Argentine Nation gathered in Congress,
etc.
forcefully sanctioned
Law:
ARTICLE 1 Amend article 5 of Act No. 26.028 to read as follows:Article 5: The tax law will be twenty-one percent (21%).
ARTICLE 2 Amend article 12 of Act No. 26.028 to read as follows:Article 12: The liquota established by Article 5 of this Law shall be affected:
(a) Twenty to twenty cents per cent (20.20%) exclusively and specifically to the trust constituted pursuant to Title II of Decree No. 976 of 31 July 2001, with the reforms introduced to it by Decree No. 652 of 19 April 2002 and No. 301 of 10 March 2004, and other regulations and supplementary regulations in force at the date of the adoption of this Act;
(b) Eighty hundred percent (0.80%) of the Alicuota for tariff compensations to the public service system of automotive transport of passengers of urban and suburban areas under municipal and provincial jurisdiction, with the exception of the Autonomous City of Buenos Aires and the metropolitan area Buenos Aires.
Article 3 Contact the Executive.DADA IN THE SESSION OF THE ARGENTINE CONGRESS, IN GOOD AIRES, TO THE DIASS OF THE MONTH OF NOVEMBER OF THE YEAR DOS MIL SIETE.
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ALBERTO E. BALESTRINI. . JOSE J. B. PAMPURO. . Enrique Hidalgo. . Juan H. Estrada.