News of income tax

Study: 7 million children in Argentina live in impoverished households

04-08-2021 15:35 Around seven million, or 63%, of children aged under 14 in Argentina live in low-income households, with social vulnerability especially manifest in the north, a new study has revealed.

EDITORIAL

Second waves and third worlds

10-04-2021 09:26 The income tax cuts finally approved by the Senate last Thursday carry every appearance of being the right thing for the wrong reasons.

THE WEEK

What we learned this week: April 3rd- April 10th

10-04-2021 09:22 The stories that caught our eye over the last seven days in Argentina.

DEBT RELIEF

Mexico, Argentina urge debt relief for middle-income nations

08-04-2021 11:36 Mexico and Argentina call for international debt relief for middle-income countries home to many of the people pushed into extreme poverty by the coronavirus pandemic; IMF open to doing more to support nations hit hard by virus crisis.

'Ganancias' reform

‘Ganancias’: Senate official says income tax bill will clear upper house

30-03-2021 20:49 Senate Budget Committee chair predicts income tax bill recently approved in the lower house will clear upper chamber next Tuesday or Wednesday.

LOWER HOUSE APPROVAL

Government advances bill exempting 1.3 million from income tax

28-03-2021 16:08 Argentina’s lawmakers have taken a major step in exempting about 1.3 million citizens from paying income taxes.

Poverty and taxation

Wealth tax: inequality solution for Latin America?

19-02-2021 12:52 The income chasm between the rich and poor in Latin America has led to efforts to tax the wealthy – though the reception has been uneven across various countries.

LEGISLATIVE AGENDA

Massa seeks to lower income tax floor

13-02-2021 10:23 The government stands to lose some 40,000 billion pesos in revenue from these changes but hopes to recover much of this from the beneficiaries spending this extra money on items subject to IVA value-added taxation and other levies.

Coronavirus pandemic

Government doesn't expect to resume IFE payments this year

25-01-2021 23:31 Argentina will not need a new version of the Ingreso Familiar de Emergencia (IFE) scheme, implemented last year during the coronavirus pandemic, a senior government official has told Bloomberg.

POVERTY & THE PANDEMIC

Land occupations and rising poverty pose problems for Peronism

26-09-2020 08:53 The eviction of squatters at the Guernica encampment in Buenos Aires Province has been temporarily delayed – but the problems it poses and represents aren’t going away anytime soon.

PERIODISMO PURO | INTERVIEW

Miguel Pesce: ‘A dollar at 130 pesos would inflict unbearable levels of poverty’

26-09-2020 08:45 Following a week of difficult announcements, Central Bank chief Miguel Pesce sits down for a feature-length interview to explain the government’s logic in what he describes as “very arduous situation, aggravated by the action of speculators.” Nevertheless, Pesce remains optimistic over 2021 growth, lower inflation and export possibilities.

by Jorge Fontevecchia

THE WEEK

What we learned this week: July 4 to July 11

11-07-2020 08:39 Stories that caught our eye over the past seven days in Argentina.

MERCOSUR’S VIRTUAL SUMMIT

Mercosur vows unity in face of pandemic, as Macron cools on trade deal

04-07-2020 07:49 President Alberto Fernández calls for unity in face of the coronavirus pandemic during virtual summit, as reports in France suggest Emmanuel Macron has gone cold on Mercosur-EU trade deal.

CORONAVIRUS PANDEMIC

Pandemic will peak in Argentina ‘at end of June,’ says minister

30-05-2020 09:35 Health Ministry officials confirm 717 new infections, taking total confirmed cases above 15,000. To date, 520 fatalities have been recorded from Covid-19.

Global pandemic

Disease that began among rich shifts to Latin America's poor

29-05-2020 13:04 The virus, initially brought to the region largely by wealthy citizens or visitors coming from Europe and the United States, is now increasingly concentrated in poorer neighbourhoods, where residents have few means of protecting themselves.

BLOOMBERG

Argentina's primary deficit balloons amid coronavirus lockdown

27-05-2020 23:52 Argentina's primary deficit soared in April as the economic impact of the coronavirus pandemic forced the government to introduce fiscal stimulus and income slumped.

Bloomberg - Opinion

Helicopter money won’t ease Latin America’s pandemic pain

08-05-2020 09:25 Along with Covid-19, a fever of wonkery has broken out over how to reverse the collective economic contraction and to carry on once the health emergency has passed. As the worst of the pandemic is yet to come.

by Mac Margolis

Fight against virus

Barcelona to sell Camp Nou naming rights to raise money to fight virus

21-04-2020 14:23 Barcelona will sell the naming rights to its Camp Nou, Europe’s biggest stadium – which has never had a sponsor since it opened in 1957 – for one year in an effort to raise money for the fight against the coronavirus.

Social cost of shutdown

Report: Shutdown will hurt Argentina's poorest families more than virus

26-03-2020 18:03 Report by IDESA institute argues shutdown and paralysis of economic activity in Argentina will "produce greater social costs than those of illness."

Crisis in Venezuela

Over a dozen nations move to isolate Maduro's government

04-12-2019 11:02 The 1947 Rio Treaty signatories vowed to cooperate in pursuing economic sanctions and travel restrictions for Maduro government associates accused of corruption, drug-trafficking, money-laundering or human rights violations.

CHILE PROTESTS

Piñera apologies to Chile, unveils raft of social measures

23-10-2019 07:17 "I recognise this lack of vision and I apologise to my compatriots," Pinera said in an address from the presidential palace in Santiago as he tries to halt violent protests over economic inequality which have swept the country and claimed 15 lives.