Argentina: Adherence to the Regime for the Promotion of the Knowledge Economy
On 7 January 2021, the City of Buenos Aires published Law No. 6,394 ( Law ) in the Official Gazette, through which it adhered to the Regime for the Promotion of the Knowledge Economy ( Regime ), created by national Law No. 27,506.
The Law establishes different reductions for the applicable Gross Receipt Tax (GRT) rates, depending on the commitments assumed by the beneficiaries of the Regime.
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On 7 January 2021, the City of Buenos Aires published Law No. 6,394 (“
Law“) in the Official Gazette, through which it adhered to the Regime for the Promotion of the Knowledge Economy (“