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Luis Caputo

Luis Caputo

Minister of Economy

Appears in 1 story

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Argentina cuts its meal tax to revive a shrinking restaurant sector

Rule Changes

Overseeing tax policy and fiscal surplus drive

In December 2024, Argentina cut value-added tax on restaurant meals after a year in which prices roughly doubled and the sector shed more than 10,000 jobs. Hotels and restaurants then grew 7.4 percent in 2025โ€”the fastest of any major sectorโ€”per national statistics agency INDEC.

Updated 11 minutes ago