Tax Installment Payment Plan: AFIP General Resolution No. 4099/2017.

On July 28^th, 2017, General Resolution No. 4099/2017 (the "Resolution") of the Argentine Tax Authorities ("AFIP") was published in the Official Gazette. This Resolution establishes an installment payment plan aimed at taxpayers who have tax debts incurred from June 1^st 2016 to May 31^st 2017.

This plan known as "Fiscal Bridge" is an installment payment plan to which taxpayers may apply from August 1^st 2017 to October 31^st 2017, inclusive. Under this plan, AFIP aims at helping taxpayers to comply with their tax obligations, social security contributions, withholdings and earnings, as well as the applicable interests. This plan will be the link between the "Permanent Plan" still in force and a new "Permanent Plan" which will be effective on November 1^st 2017.