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Explain in detail the following policy that Argentina government passed and also explain in detail how...

Explain in detail the following policy that Argentina government passed and also explain in detail how does it affected the economy of the country and foreign trade with other countries by providing positive and negative impact of the policy. Also, provide the references and sources used.

The Argentine Congress passed a large tax reform package in year 2018 which reduces the profits tax rate from the previous 35% to 30%, and the tax rate will be further reduced to 25% for business which is starting after January 1, 2020. (Rodríguez & Magadan, 2020)

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