{"id":138,"date":"2023-08-09T12:02:00","date_gmt":"2023-08-09T15:02:00","guid":{"rendered":"https:\/\/bcoabogados.com.ar\/en\/legal-newsletter-august-2023\/"},"modified":"2026-10-30T22:09:03","modified_gmt":"2026-10-31T01:09:03","slug":"legal-newsletter-august-2023","status":"publish","type":"post","link":"https:\/\/bcoabogados.com.ar\/en\/legal-newsletter-august-2023\/","title":{"rendered":"Legal Newsletter &#8211; August 2023"},"content":{"rendered":"<p>Relevant News<\/p>\n<ul>\n<li>\nIncome Tax Minimum Taxable Amount<\/li>\n<li>New Limits for the Purchase and Sale of Securities<\/li>\n<li>Non-Remunerative Additional Payment for Employees<\/li>\n<\/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>Decree 414\/23 &#8211; Income Tax Minimum Taxable Amount<\/h3>\n<p>By means of Decree N&ordm; 414\/2023, the Executive Branch increase the minimum taxable amount for income tax<br \/>over employees&rsquo; monthly gross salary to the amount of AR$ 700.875.<\/p>\n<h3>General Resolution 971\/23 &ndash; New Limits for the Purchase and Sale of Securities<\/h3>\n<p>By means of General Resolution N&deg; 971\/2023, the National Securities Commission (&ldquo;CNV&rdquo;) set forth a weekly<br \/>limit of USD 100,000 (nominal value) for the purchase\/sale of fixed-income marketable securities denominated<br \/>and payable in dollars with settlement in foreign currency.<\/p>\n<h3>General Resolution 5406\/23 &#8211; Export Increase Program<\/h3>\n<p>By means of General Resolution N&deg; 5406\/2023, Tax Enforcement Authority (&ldquo;AFIP&rdquo;) set forth a special period of<br \/>90 days for the application request, within the Export Increase Program, of export of products included in Decree<br \/>378\/23.<\/p>\n<h3>Decree 438\/23 &ndash; Non-remunerative Additional Payment for Employees<\/h3>\n<p>By means of Decree N&deg; 438\/2023, the Executive Branch sets forth a non-remunerative amount of AR$ 60,000 to<br \/>be paid by employers to employees within both private and public sector, in two installments of AR$ 30,000 each,<br \/>along with the payment of salaries corresponding to the months of August and September 2023. Such payment<br \/>shall only apply for employees with net salary below AR$ 400,000. Employees with working days or hours below<br \/>full conventional standard, shall receive a proportional sum.<\/p>\n<h3>Resolution 714\/23 &ndash; Exemption of PAIS Tax<\/h3>\n<p>By means of Resolution N&deg; 714\/23, the Secretariat of Energy exempts from payment of PAIS tax to the acquisition<br \/>of foreign currency for the import of goods destined for certain constructions related to the generation of electric<br \/>power.<\/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 709\/23 &ndash; Price of Bioethanol (Sugar Cane and Corn)<\/h3>\n<p>By means of Resolution N&ordm; 709\/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 August 28th, 2023.<\/p>\n<h3>Resolution 694\/23 &ndash; Price of Biodiesel<\/h3>\n<p>By means of Resolution N&ordm; 694\/2023, the Secretariat of Energy set forth a new price for operations of biodiesel<br \/>destined for mandatory mixture with diesel (under Law No 27,640) as of August 1st 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 Income Tax Minimum Taxable Amount New Limits for the Purchase and Sale of Securities Non-Remunerative Additional Payment for Employees<\/p>\n","protected":false},"author":1,"featured_media":83,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-138","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\/138","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=138"}],"version-history":[{"count":1,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/138\/revisions"}],"predecessor-version":[{"id":304,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/posts\/138\/revisions\/304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/media\/83"}],"wp:attachment":[{"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/media?parent=138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/categories?post=138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bcoabogados.com.ar\/en\/wp-json\/wp\/v2\/tags?post=138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}