After the Cedears Controversy, the Government Withdrew the Financial Competitiveness Bill
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He withdrew the project aimed at reforming the capital market because a tax had been added to the purchase of CEDEAR
Having said that they had sent an old draft and that this article was to be removed, the Executive decided directly to withdraw the text from the Lower House.
The government decided to withdraw from the Chamber of Deputies the complete draft of the Financial Competitiveness Law, as confirmed to El Cronista from the Entry Table of the Parliamentary Secretariat of the lower House. The decision reaches the complete initiative and not only to the article that had generated controversy due to the possible collection of profits on investments made through CEDEARs.The project entered the Congress yesterday w…
The government will withdraw an article that taxed CEDEARs and presented a reform to modernise credit and the capital market.
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