Economy Minister Luis Caputo has declared that the government intends to present a revised fiscal innocence bill to Congress, aiming to address concerns highlighted by accountants and tax experts regarding the initial proposal that received approval in December. The bill, referred to as Fiscal Innocence II, is scheduled for submission on Thursday. During a conference … Read more
The International Monetary Fund has expressed support for Javier Milei’s economic strategy while also challenging the government’s claims regarding the fiscal surplus. The IMF has emphasised the need for tax reform and a more accelerated approach to reserve accumulation in anticipation of the upcoming presidential elections next year. The IMF’s Executive Board concluded the second … Read more
Argentina’s government has officially enacted the Fiscal Innocence Law, aiming to promote the formalization of undeclared savings, including the notorious “mattress dollars,” while also redefining the dynamics between the state and taxpayers. The measure, representing one of the most ambitious tax reforms of President Javier Milei’s administration, was formalized by Decree 93/2026, which appeared in … Read more
President Javier Milei achieved two significant victories on Friday: the congressional endorsement of his inaugural budget bill and the establishment of a new law that enshrines the principle of innocence in cases of tax evasion. This legislation aims to enable Argentines to utilize their savings, particularly in dollars, with reduced oversight from governmental authorities. The … Read more