Overview
- The Senate approved the Inocencia Fiscal package 43–26, but the measure has not yet been promulgated or fully regulated.
- Banco Nación invited savers to bring in undeclared dollars, and Luis Caputo urged all banks to accept deposits with only proof of enrollment in the new simplified income‑tax regime.
- Private banks and compliance experts warned that UIF rules remain in force and that unusual cash deposits may still trigger Suspicious Transaction Reports while detailed guidance from ARCA and the Central Bank is awaited.
- The law creates an optional prefilled simplified income‑tax return for eligible individuals (income up to $1,000 million and assets up to $10,000 million) with a payment-based release from further claims, except where income was omitted.
- The reform raises criminal evasion thresholds (to $100 million for simple and $1,000 million for aggravated), shortens tax prescription periods, increases formal filing fines, and the Economy Ministry signaled reminders will precede penalties in reglamentation.