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Argentina: New wealth tax will pay for Covid aid packages
Archived Message
Posted by johnhol
on December 9, 2020, 12:40 pm
Begins:
ARGENTINA has passed a one-off wealth tax to help pay for relief packages linked to the coronavirus pandemic.
The move, approved by senators on Friday night, applies a 3.5 per cent levy on wealth held within Argentina and 5.35 per cent on wealth held abroad.
It will apply to those with assets exceeding 200 million pesos (£1.8 million), an estimated 12,000 people in the country of 45 million.
Continues:
https://morningstaronline.co.uk/article/w/argentina-new-wealth-tax-will-pay-for-covid-aid-packages
Message Thread:
Argentina: New wealth tax will pay for Covid aid packages
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johnhol
December 9, 2020, 12:40 pm
Greg Philo proposed a wealth tax in 2010...
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johnhol
December 9, 2020, 12:51 pm
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