Market: Argentina

SEPI takes over management of Aerolineas Argentinas

On 31 January SEPI (an entity owned by the Spanish government) took over the operation of Aerolineas Argentinas from American Airlines and is now putting the finishing touches on a radical adjustment plan to deal with the US $800 million debt of the airline.

31 January 2000

E-mail and criminal protection

On the grounds of charges brought against reporter Jorge Lanata alleging he had misappropriated information transmitted by email to another person and further proceeded to have it published, Criminal and Appellate Court # IV of this City ruled that the so-called "e-mail" or electronic mail enjoys the same criminal protection as private papers and traditional correspondence. (in re: "Lanata, Jorge s/Desestimación,", 03/04/99, "La Ley" published on 06/16/99).

01 January 2000

Tax Reform Law in force

The tax reform law enacted by Congress under #25,239 entered into force on 31 December 1999. This Law exerts additional pressure on contributors with the aim of reducing the fiscal deficit.

31 December 1999

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