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4h ago

Argentina Orders Banks and Wallets to Block ‘Unreliable’ Taxpayers Starting September

ARCA casts the rule as a measure against tax evasion, offering a digital path to regain access.

Transferencias: desde qué monto ARCA vigila las operaciones en septiembre
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Overview

  • From September, financial institutions and payment providers must block transactions for CUITs listed in ARCA’s Base de Contribuyentes No Confiables.
  • The enforcement covers bank accounts, credit, debit and prepaid cards, and virtual wallets, with automatic interruptions to card, QR, transfers and platforms such as Mercado Pago and MODO.
  • ARCA flags taxpayers based on four triggers: incomplete or inconsistent tax filings, unexplained money movements, lack of supporting documentation, or activity that does not match reported income.
  • Affected users can check their status in the Estado administrativo del CUIT, submit documents online, and receive ARCA’s decision via the domicilio fiscal electrónico before services are reactivated.
  • The policy is reported to have Central Bank backing, and updated monitoring thresholds are already in force, including transfer reviews starting at $50 million for individuals.