Small Business Resources, Business Advice and Forms from AllBusiness.com

Tax blow for Argentinean media.

Argentinean sales tax applied to cable television, cinema and media publications is set to double to 21 per cent, despite plans by country's economy minister to halve sales tax on all capital goods. Measures are part of a master plan to boost revenues in the debt-ridden country, which is predicting that it will miss 2001 budget deficit goal set by International Monetary Fund by as much as $4bn. Cable television was completely exempt from sales tax until 1999 in return for promises to invest in local film industry. It was then

In addition, make sure to read these premium articles also available with your free trial: