Overview
- The Senate approved the Ley de Inocencia Fiscal by a 43–26 vote, with promulgation and detailed regulation pending as Banco Nación launches depositor outreach.
- Banco Nación said its branches will receive undeclared dollars starting Tuesday after Caputo told savers to go there if other banks demand extra paperwork.
- The government projects US$10–20 billion in potential inflows, requiring depositors to show enrollment in ARCA’s Simplified Income Tax Regime, which is available now and operative for 2026 filings.
- The law raises tax‑evasion thresholds to 100 million pesos for simple cases and 1,000 million for aggravated cases and allows extinguishing criminal action by paying the debt and interest or, once charged, the total plus a 50% surcharge within 30 days.
- It shortens review periods to three years for taxes and five for social security for compliant filers, and steeply higher formal fines drew professional pushback as officials signal rules to avoid automatic penalties.