Argentina’s lower house approves income tax reform benefitting over 1.2 million people

The measure seeks to protect the income of families and improve their purchasing power. It will now go to the Senate for a vote.

RIO DE JANEIRO, BRAZIL - The Argentine Chamber of Deputies approved early Sunday morning, March 28, a bill to reform the income tax, which will exempt more than 1,000,000 workers from this tax and improve salaried and retired workers' purchasing power.

After almost 21 hours of debate and presentations by 70 legislators, the initiative was approved by a margin of 241 votes in favor, three abstentions, and no opposing votes.

Its approval at this stage opens the way for its analysis, as from next Tuesday, in the Senate.

The bill endorsed by the Chamber of Deputies exempts from personal . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?