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Argentina reshapes taxation to make up for gap between official and “blue” dollar

Argentina reshapes taxation to make up for gap between official and “blue” dollar
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Argentina reshapes taxation to make up for gap between official and blue dollar — MercoPress

The Government of Argentina has adjusted the so-called PAIS tax from 35% to 45% as of Thursday to equate the exchange rate between the local currency and the US dollar to that existing in the unofficial “blue” market.

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