Argentine securities regulator sees market boost from tax amnesty

Source: Reuters
By: Walter Bianchi
08.01.2016

Argentina's securities regulator is "optimistic" that tax amnesty laws introduced by the new center-right government will boost investment in the local market, the body's head told Reuters in an interview on Monday.

Under new laws that go into effect on Monday, Argentines with money abroad can legally repatriate funds at a steeply discounted tax rate by investing them in local mutual funds or government bonds.

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