Overview
- ARCA director Juan Pazo presented the 2026 fiscal framework to the Chamber of Deputies, arguing the temporary removal of farm export duties was an emergency step to stabilize markets and raise about US$7 billion.
- Pazo said roughly 95% of the price improvement flowed to producers and denied any privileged information was given, citing 10.6 million tons registered and 8.9 million tons already sold.
- He outlined a shift from a punitive enforcement model to simplification, predetermination, and technology, noting 2024 VAT evasion near 37% and labor informality around 40%.
- Pazo criticized the wealth tax (Bienes Personales) as driving capital flight and said about 70% of revenue is concentrated in roughly 11,000 taxpayers who will face targeted oversight.
- Tensions flared as he introduced the 'Presunción de Inocencia Fiscal' proposal, prompting objections from the Peronist bloc, repeated warnings from the committee chair about order, and a plan to continue the debate next week with the possibility of the Hacienda secretary returning to address technical questions.