Feb 9 • 11:34 UTC 🇦🇷 Argentina La Nacion (ES)

Publication of the Regulation of the Tax Innocence Law; Javier Milei does not travel to the U.S. tomorrow.

The Argentine government has published regulations for the Tax Innocence Law, significantly impacting the relationship between the state and taxpayers, while President Javier Milei cancels a planned trip to the U.S.

The Argentine government has recently published the regulations for the Tax Innocence Law, which are characterized as a transformative change in the relationship between the state and taxpayers. This law is designed to implement a "permanent popular amnesty," allowing individuals to regularize informal savings without the risk of retroactive scrutiny, provided they begin taxing their future earnings. The government frames this regulation as an effort to enhance financial transparency and encourage financial participation among the populace.

In a related political maneuver, Javier Milei, the President of Argentina, has altered his official schedule, canceling an anticipated trip to the United States. This decision may reflect a shift in focus towards domestic affairs as Milei aims to implement his economic policies, including the new regulation on tax innocence. The cancellation of this trip could also indicate possible strategic considerations amidst changing political dynamics both domestically and internationally.

Furthermore, amidst this backdrop, other significant news includes the kidnapping of Venezuelan leader Juan Pablo Guanipa and the sentencing of media mogul Jimmy Lai to twenty years in prison in Hong Kong. These stories align with broader geopolitical tensions and crises in Latin America and around the world, illustrating the complexity and interconnectedness of current events that impact Argentina and its leadership under Milei, who is navigating through both domestic and international challenges.

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