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Argentina suspends capital gains tax for foreigners

Move could allow country to address the measure in broader reforms expected after legislative elections in October

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Treasury Minister Nicolas Dujovne (center) told reporters on Wednesday that the measure would be suspended because it would be difficult to implement quickly.

Buenos Aires

ARGENTINA on Thursday suspended a tax on foreigners' capital gains, just two days after it had been announced, after market participants complained the surprise move was inconsistent with President Mauricio Macri's pro-market agenda.

In a notice in Argentina's official

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