Peronism unveils tax reform plan targeting 500k small firms, VAT refunds

Guillermo Michel outlined a Peronist tax reform proposal in Argentina featuring a simplified regime for ~500,000 micro and small businesses, VAT refunds, replacement of the Gross Income tax, and changes to the tax cost of employment. The plan signals a policy shift ahead of elections, but details on fiscal impact and implementation remain unclear. It matters as it could reshape Argentina's tax burden and formalization incentives.