Modification to the cap of the employee’s contributions under labor relationship

By Resolution No. 28/2016, published in the Official Gazette on February 26, 2016, the Social Security Authority modified the minimum and maximum taxable bases to determine the amount of contributions destined to the Argentine Social Security System (SIPA), which were determined at AR$ 1,724.88 and AR$ 56,057.93 respectively, as from the March 2016 pay period.