{"id":137,"date":"2023-07-09T12:02:00","date_gmt":"2023-07-09T15:02:00","guid":{"rendered":"https:\/\/bcoabogados.com.ar\/en\/legal-newsletter-july-2023\/"},"modified":"2026-10-30T22:09:03","modified_gmt":"2026-10-31T01:09:03","slug":"legal-newsletter-july-2023","status":"publish","type":"post","link":"https:\/\/bcoabogados.com.ar\/en\/legal-newsletter-july-2023\/","title":{"rendered":"Legal Newsletter &#8211; July 2023"},"content":{"rendered":"<p>Relevant News<\/p>\n<ul>\n<li>Minimum Wage<\/li>\n<li>Extension of &ldquo;PAIS&rdquo; Tax to Imports<\/li>\n<li>Update on Mining Canon<\/li>\n<\/ul>\n<p><!--more--><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"background-color: #025b8c;\">\n<h1 style=\"text-align: center; margin-bottom: 15px; margin-top: 15px;\"><span style=\"color: #ffffff;\">LEGISLATION<\/span><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Resolution 10\/23 &ndash; New Values for Minimum Wage and Unemployment Benefits<\/h3>\n<p>By means of Resolution N&ordm; 10\/2023, the Ministry of Work, Labor and Social Security sets forth the new values of minimum wage and unemployment benefits, applicable as from July 1st, 2023 (AR$ 105.500), August 1st, 2023 (AR$ 112.500) and September 1st, 2023 (AR$ 118.000).<\/p>\n<h3>Decree 377\/23 &ndash; Extension of &ldquo;PAIS&rdquo; Tax<\/h3>\n<p>By means of Decree N&deg; 377\/2023, the Executive Branch extends the application of &ldquo;PAIS&rdquo; tax (30%) to the<br \/>purchase of foreign currency for the importation of certain goods and services provided therein.<\/p>\n<h3>Decree 378\/23 &ndash; Export Increase Program<\/h3>\n<p>By means of Decree N&deg; 378\/2023, the Executive Branch set forth a special, exceptional and temporary exchange<br \/>price of AR$ 340 per dollar applicable to the liquidation of foreign currency to be obtained until August 31, 2023<br \/>from the exportation of certain products related to soy within the Export Increase Program (Decrees N&deg; 576\/2022<br \/>and N&deg; 194\/2023).<\/p>\n<h3>Resolution 90\/23 &ndash; Mining Canon<\/h3>\n<p>By means of Resolution N&deg; 90\/2023, the Secretary of Mining set forth that mining canon price shall be annually<br \/>updated (each December) based on the consumer price index (&#8220;IPC&#8221;).<\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"background-color: #025b8c;\">\n<h1 style=\"text-align: center; margin-bottom: 15px; margin-top: 15px;\"><span style=\"color: #ffffff;\">LATEST NEWS IN THE HYDROCARBON SECTOR <\/span><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Resolution 588\/23 &ndash; Price of Bioethanol (Sugar Cane and Corn)<\/h3>\n<p>By means of Resolution N&ordm; 588\/2023, the Secretariat of Energy set forth the price of bioethanol obtained from<br \/>sugar cane and corn destined for mandatory mixture with petrol (Law 27,640) applicable to operations performed<br \/>as of July 8th, 2023.<\/p>\n<h3>Resolution 602\/23 &ndash; Price of Biodiesel<\/h3>\n<p>By means of Resolution N&ordm; 602\/2023, the Secretariat of Energy modifies the monthly prices of biodiesel destined<br \/>for mandatory mixture with diesel (under Law No 27,640) established in Resolution N&ordm; 324\/23 for July and August<br \/>2023.<\/p>\n<p>Please, do not hesitate to contact us in case you have any further questions or comments:<\/p>\n<div class=\"tm-article-columns uk-text-left uk-margin-large\">\n<p style=\"text-align: center;\">D\u00e1maris Martinez<br \/>Senior Associate<br \/>dmartinez@bcoabogados.com.ar<br \/> +54 11 4326-7777<\/p>\n<p style=\"text-align: center;\">Leandro Martin Orts<br \/>Partner<br \/>lorts@bcoabogados.com.ar<br \/> +54 11 4326-7777<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Relevant News Minimum Wage Extension of &ldquo;PAIS&rdquo; Tax to Imports Update on Mining Canon<\/p>\n","protected":false},"author":1,"featured_media":81,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/comments?post=137"}],"version-history":[{"count":1,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/137\/revisions"}],"predecessor-version":[{"id":303,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/137\/revisions\/303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/media\/81"}],"wp:attachment":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/media?parent=137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/categories?post=137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/tags?post=137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}