Sebastián Domínguez, Tax Expert: The Measures Are "a Tax Liberalization and Should Be Done by Amending laws."

On CNN Radio Argentina, Sebastián Domínguez, a tax expert, analyzed the measures announced by the government aimed at attracting dollars from the savings bank by repealing reporting regimes, raising the amounts to control the purchase of goods and banking transactions, and creating a new simplified regime for the Income Tax. On CNN Primera Mañana, he stated that "reporting regimes are being eliminated, the thresholds for providing information to…

With the new government measure, transfers of less than $50 million will no longer be reported. Deregulation seeks to reduce bureaucracy, foster formality and restore fiscal confidence. As part of a profound reform of the Argentine tax system, Javier Milei’s government announced that banks will only have to report transfers of more than $50 million in the case of natural persons and $30 million in the case of legal persons. The measure was confi…

The National Government presented on Friday the “Historical Reparation Plan for Argentine Savings”, a package of measures aimed at reducing tax bureaucracy, simplifying tax compliance and eliminating various information regimes that, according to the Executive, were invasive for citizens and companies. The initiative, which will enter into force on June 1, will be implemented in two stages: a presidential decree with immediate actions, and anoth…

The information regimes for fixed deadlines, cash extractions and purchases in shops were increased; real estate, concessionaries and consortia will stop reporting to ARCA With the objective of the Argentines taking the dollars “under the mattress” and injecting them into the economy, the government announced the “Historical Reparation Plan [...]

The government today presented the "Historical Reparation Plan for Argentine Savings", with which it will seek that millions of citizens use in the formality billions of dollars that are out of the system through a series of deregulations.The plan will include a decree to end the "absurd controls" and a bill to "blink Argentines" to the future, so that they will not be "persecuted" by the tax agency.In conference The 3 new measures that ARCA ann…