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Argentina’s Language Industry Hit by New Export Tax

4 Days Ago Industry News· By Marion Marking On February 4, 2019 A new export tax is set to impact language service providers in a major global hub for Spanish translations, Argentina. As of January 2, 2019, the Argentine government has been empowered to start collecting a 12% export tax from the service industry, according to local newspaper La Nacion. In effect until December 31, 2020, the tax will treat services as if they were exported goods as long as these services are rendered in Argentina but used abroad in some way.  Argentina is a major provider of Spanish translations for clients in the United States and other major markets, as well as a project management hub for big language service providers (LSPs). To understand the impact of this new tax on the industry, Slator reached out to Gabriela Lemoine, CEO of Argentine LSP Hispano Language Advisory and President of the Argentine Association of Language Services (AASL). Lemoine said the government expects to collect USD 700m to 1bn…

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