Recent news

Latest items of recent news relevant to Argentina as reported in our fortnightly newswire ‘Dernières nouvelles’.

Argentina: Pandemic has permanently reduced labour market participation

Although the pandemic has not entirely disappeared, it is now clear that following work interruptions and the contracting of COVID-19 a considerable number of employees are not returning to work …

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Argentina: Amnesty for holders of undeclared foreign currency

Because the local currency is progressively collapsing through its current annual rate of 88% hyperinflation to a level of ultimate worthlessness, the government is trying to salvage its position by enticing those who secretly hold their wealth in foreign countries to declare its existence via a new tax amnesty …

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Argentina: Government announces 20% increase in minimum wage

Increases to minimum wage in tranches until next Spring …

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Argentina: The threshold for tax-free earnings has been raised once again

Employees did not originally have to start paying income tax until their monthly gross income reached ARS 150,000 (US$927,000) …

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Argentina: Register of companies using telework

Employers are reminded that Law 27,555 obliges companies that have any employees engaged in telework (either on a full or part-time basis) to register with the Department of Labour …

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Argentina: Union lifts strike after sealing wage deal with tyre-producing firms

Dispute in the tyre manufacturing sector comes to an end after government intervention …

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Argentina: Data protection authority publishes draft bill to update personal data protection law no. 25,326

The data protection authority has published a Draft Bill to update its 22-year-old personal Data Protection Law (No …

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Argentina: Tax incentives on undeclared savings to spur construction

New tax incentives are planned to encourage investment in construction using undeclared savings …

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Argentina: General private sector agreement (130/75) approved

A general private sector agreement (130/75) has been approved covering the period until 31st March 2023 …

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Argentina: Short-term residence permit for digital nomads introduced

Visa-exempt nationals will now be able to apply for a Digital Nomad permit and work remotely from Argentina for up to six months, with the possibility of a further six-month extension …

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Argentina: Government plans 4 minimum wage increases starting April 2022

The monthly minimum wage is due to be increased several times this year …

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Argentina: IMF and Argentina finalise new $44bn programme

The government has agreed a new US$44bn debt plan with the International Monetary Fund (IMF) …

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Argentina: Workplace childcare

Following a Supreme Court ruling last year, the government has introduced a law obliging employers to establish workplace childcare …

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Argentina: End of the prohibition on terminations and suspensions, and the progressive reduction of additional severance

The previous prohibition against termination or suspension without cause and for lack or reduction of work or force majeure has now ended …

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Argentina: Equal treatment and access to employment in Buenos Aires

It will no longer be mandatory for job candidates to put data such as their name, surname and photos on curriculum vitae when applying for jobs in the capital city of Buenos Aires …

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