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Argentina Revises Additional Tax on Foreign Currency Purchases

|Approved Changes|Argentina
Argentina

Argentina has published General Resolution 5272/2022 of 13 October 2022, which revises the additional tax (surcharge) on foreign currency purchases that was introduced by General Resolution 4815/2020. General Resolution 4815/2020 established an additional tax (surcharge) at a general rate of 35% on the temporary tax on foreign currency purchases (Impuesto Para una Argentina Inclusiva y Solidaria - PAIS tax), although the general surcharge rate was subsequently increased to 45% for most in-sc…

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