Overview

• ARCA chief Juan Pazo said the government inserted the tax-regularization plan in the 2026 Budget sent to Congress after the June proposal stalled.
• Pazo reported support from 17 provincial governors and argued provinces would gain from higher local consumption and related tax receipts.
• The initiative targets undeclared dollar savings kept outside banks, pairing a presumption of taxpayer innocence with protections against future administrative prosecution.
• ARCA’s simplified Ganancias regime, already in place, counts about 11,000 enrollees and narrows reviews to invoices and deductible expenses while reducing tax prescription terms to three years and social security to five.
• Recent reporting notes that many dollar holdings have mainly been used for travel expenses rather than everyday spending, underscoring the government’s push to draw more of that cash into the formal economy.