Argentina Gazettes Resolution Establishing Employer Contribution Reduction

The Argentine Official Gazette Oct. 3 issued Resolution No. 5267/2022, establishing a 100 percent reduction in employer contributions to the integrated social security system (SIPA), the National Institute of Social Services for Retirees and Pensioners (INSSJYP), the national employment fund (FNE), and the national family allowances regime (RNAF). The resolution includes measures: 1) allowing the reduction for private sector employers that hire new workers who participate in specified social, educational, or employment programs, and who meet specified requirements from Oct. 1 and for 24 months, inclusive; 2) establishing the reduction for 12 months from the month in which the new ...