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Argentina Increases Withholding Rates for Exports

Argentina recently introduced a package of tax reform measures that contains one measure that will impact multinational exporters doing business with the country, KPMG said in a Dec. 27 post. The change will increase “withholding rates applicable to” agricultural exports.…

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Companies may need to take “immediate action” to respond to the new measures, which took effect Dec. 23, 2019, KPMG said.