Argentina Unveils Super RIGI With 15% Tax to Land $30B Investors
8 Articles
8 Articles
Argentina Unveils Super RIGI With 15% Tax to Land $30B Investors
Argentine President Javier Milei and Economy Minister Luis Caputo unveiled on May 8 a “Super RIGI” investment regime that cuts the corporate income tax for qualifying mega-projects from 25% to 15%, allows companies to deduct 60% of investment in the first year, and eliminates export tariffs and import duties from day one. Caputo said the […] The post Argentina Unveils Super RIGI With 15% Tax to Land $30B Investors appeared first on The Rio Times.
Economy Minister Luis Caputo detailed the changes that will include the new regime for large investments
The governor of the province of Buenos Aires, Axel Kicillof, attacked the project of the "Super RIGI" and the results of the current scheme of incentives for large investments, warning that only 3% of the announced projects were executed. The provincial president said that in the Regime of Incentives to the Great Investments (RIGI) there is an abyss between the official announcements and the productive reality, qualifying as "small" the realizat…
The minister of Econom gave details of the new incentive scheme that the government is preparing and assures that it will be able to attract multimillion dollar investments in sectors that do not exist today in Argentina.
The national government is moving forward in the final drafting of the so-called "Super RIGI", an expanded version of the Big Investment Incentive Regime approved under the Bases Law, which will offer broader tax and regulatory benefits with the aim of attracting capital for industrial sectors that today have no significant development in Argentina.The announcement was anticipated by President Javier Milei through his X account where he confirme…
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