The Government of Argentina approved a reduction in the Tax for an Inclusive and Solidary Argentina (PAIS), which taxes imports of goods and services. The measure, announced by the Minister of Economy, Luis Caputo, reduced the rate from 17.5% to 7.5%, a change that returns the tariff to its level of December 2023. This adjustment is part of President Javier Milei’s strategy to combat the persistent inflation affecting the country.
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