IMPESTS Decree 1033/95 Protract the validity of Decree No. 2347/95.

Bs. As., 28/12/95

VISTO Issue No. 034-008217/95 of the Register of the MINISTERY OF ECONOMY AND ARTWS AND PUBLIC SERVICES, the provisions of Article 86 of the Internal Tax Law (t. 1979) and its amendments and Decree No. 2347 of 28 December 1994 and

CONSIDERING:

That the above-mentioned Act empowers the NATIONAL EXECUTIVE PODER to modify the liquors established by it or to leave its taxation without effect temporarily in response to the economic situation of certain industries.

That Decree No. 2717 of 29 December 1993 and subsequently, Decree No. 2347 of 28 December 1994 extended the validity of the regime for the reduction of liquors or the exemption of the tax, if any, established by the Internal Tax Act (t. 1979) and its amendments, for the products defined in Decree No. 1020 of 7 May 1993, 1700 of 13 August 1993 and 2664 of 29 December 1992 Articles 1 and 3rd.

In due course, it was pointed out as a rule related to the one mentioned in the last term, to Decree No. 1371 of 11 August 1994 as amended by Decree No. 1522 of 29 August 1994, by which the provisions of Decree No. 2664/92 were disaffected by the regime established by Decree No. 2664/92.

That the objective of reactivation pursued in respect of the sectors reached by the measure adopted and its successive extensions and relevant modifications has been satisfied throughout its validity.

That it is clear from what is said that the extension of the regime ratified by Decree No. 2347/94 is evident.

That the technical bodies of the MINISTERY OF ECONOMY AND ARTWORKS AND SERVICES PUBLICS have issued a favorable opinion.

That this decree is issued in the use of the powers conferred by Article 86 of the Internal Revenue Act (t. 1979) and its amendments.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

Article 1 ∙ Proprove the validity of Decree No. 2347/94 from 1 January 1996 to 31 December 1996, inclusive.

Art. 2o - Tell the HONORABLE CONGRESS OF NATION.

Art. 3o Get in, get out, get the National Bureau of the Official Records. MENEM. Domingo F. Cavallo.