The Argentine tax authority (ARCA) issued a release on 19 December 2024 concerning a new regime for continued application of the additional tax (surcharge) on foreign currency purchases. The surcharge on foreign currency purchases was linked to the tax on foreign currency purchases (Impuesto Para una Argentina Inclusiva y Solidaria - PAIS tax), which expired on 22 December 2024. With the expiration of the PAIS tax, General Resolution 5617/2024 was issued for the introduction of a new regime…