The meeting will be held in YPF’s unconventional management in the heart of Vaca Muerta. In addition, in the rest of the delegations of Río Negro, Neuquén and La Pampa the meeting will be replicated with task retention.
The oil unions have just agreed on the first increase in the 2024/2025 oil parity. The agreement between the unions and the business chambers was for an adjustment of the 8.8% which will be paid with the June earnings based on the calculation of April 2024.
The negotiation allowed the wish of the business chambers to be fulfilled. In the first hearing held on May 17, the companies maintained their position of not providing a greater increase than the 8.8% inflation recorded in April. The companies argued that the projections indicate that the consumer price index (IPC) will continue to fall in the coming months.
Another of the points that was outlined at the headquarters of the Autonomous City of Buenos Aires (CABA) of the Ministry of Labor of the Nation was that the parties would meet again in the last week of this month.
The Oilers Fight for Profits
Beyond the salary increase, leaders are concerned the return of the Income Tax. Nación committed to making modifications so that the unions of Patagonia are exempt from paying the tribute.
Although the project, which is included in the Base Law, contemplates an exemption for wellhead personnel because it would be protected in Law 26,176, that “benefit” would be reduced when the non-taxable minimum is lowered.
The unions have already warned that if the return of Profits is approved they will ask that lThe operators are responsible for paying the tax. The cameras made their refusal known.
The commitment of the Nation
Meanwhile, the Nation committed to recognizing Patagonia as an unfavorable area for the calculation of Income Tax. This would mean that there would be a 22% deduction in the rates applicable in Neuquén, Chubut, Santa Cruz, Tierra del Fuego, La Pampa and Río Negro.
After obtaining an opinion from the Senators, Javier Milei’s administration hopes to approve the Bases Law and achieve the first legislative victory for La Libertad Avanza. The unions are on alert as to whether the changes that were promised will become effective in the National Congress.
The leaders have already warned that if the Income Tax is reinstated again, a “fight plan” which will involve paralyzing activity in all the country’s deposits. Beyond the differences that have emerged recently, lTrade unionists agree that the tax cannot hit workers’ salaries again.
