In a context in which there will be an automatic exchange of information with other countries, on May 31, the Executive Branch filed a bill of law including a “Tax Amnesty Regime” before the House of Representatives. Among other provisions it included a “Voluntary and extraordinary disclosure regime of national and foreign currency holding and other assets, within Argentina and abroad” (“Tax Amnesty”). The bill of law was recently approved by the Congress, so the expectation is that it will be passed into Law next week.
Resolution No. 72/2016 issued by the Ministry of Energy and Mining regulates the procedure for obtaining the certificate of inclusion and corresponding tax benefits in the framework of the “Regime of National Promotion for the Use of Renewable Energy destined to the Electric Production”, as well as the subsequent procedure for the control of the committed investments and the application of the tax benefits.
Decree No. 531/2016 implements the Federal Promotional Scheme of Power Generation with Renewable Energy Sources, with CAMMESA in an essential role.
We are pleased to announce that we have been named Best Firm in Argentina at the Americas Women in Business Law Awards 2016, organized by Euromoney Legal Media Group. This highly prestigious award recognizes law firms' commitment to initiatives in gender diversity, innovation, minority women, mentoring, work-life balance, pro bono work and talent management.