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Brief
On 06/12/2024, the National Consumer Protection Agency issued an update regarding "The Government simplifies a regime that allows importing new production lines without taxes". The Resolución 1319/2024 streamlines the Régimen de Importación of Bienes Integrantes de Grandes Proyectos de Inversión, exempting import duties and taxes for companies bringing in new production lines. This move aims to increase competitiveness by incorporating modern technology.
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