Argentina has published General Resolution 4815/2020 of 15 September 2020. The Resolution provides for a 35% tax in addition to the tax on foreign currency purchases (Impuesto Para una Argentina Inclusiva y Solidaria - PAIS tax), which was introduced by Law 27.541 on Social Solidarity and Productive Reactivation and regulated by General Resolution 4659/2020 ({News-2020-01-22/A/2-previous coverage}). The reason for the additional tax is largely due to the economic impacts of the COVID-19 pand…