On Apr. 21, 2025, ARG Tax reminded end of Stage 3 of Asset Regularization on May 7.
Users can join until then with mandatory advance payment, declaration of adherence.
During the previous stages of the regime, approximately USD 32bn was externalized.
Almost USD 10bn corresponded to registrable assets such as real estate and vehicles.
More than 278k taxpayers entered the regime, and 267,076 accounts were declared.
In this final stage, the adjustment will be free of charge when all assets are declared.
If the exempt amount is exceeded, a 15% rate will be applied only to the excess.
Sworn declaration filing, payment of regularization tax must be made by Jun. 6, 2025.
On Nov. 19, ARG Tax detailed data of the asset regularization regime.
ARG Tax Customs Control and Collection Agency (ARCA) reported results of the Asset Regularization Regime are a success and sign of taxpayers' confidence in the economy.
Highlights
On Nov. 8, concluded the 1st stage, the only one in which cash could be regularized.
Results showed that as of Nov. 9, 2024, USD 23,321mn in assets had been declared.
Since Jul. 2024, when the law was approved by Congress and then regulated by decree 608/2024 to meet the stated objectives, ARCA issued the corresponding rules.
Such as the documentation to prove ownership and valuation of the declared assets.
The Real Estate Project Registry (REPI) and the authorization to pay the special tax.
Necessary systems were designed and implemented to conduct with safety standards.
ARCA conducted activities to disclose the regime in the country, together with entities.
The taxpayers could ask questions and clarify their doubts regarding the initiative.
Assistance is also provided through ARCA's virtual, in-person and telephone channels.
The regime is free of charge for taxpayers declaring assets not exceeding $100,000.
Mar. 2025 ARG Tax Assets Regularization
On Mar. 14, 2025, ARG Tax informed the assets regularization reached USD 31.252bn.
More than 278k taxpayers and 267,076 accounts were declared (16,290 abroad).
47,815 properties were also regularized, 45,646 are in Argentina and 2,169 abroad.
1,369 projects registered, and USD 103.6 million in digital currencies were declared.
The regime has no cost for taxpayers when declared assets do not exceed $100,000.
In Phase 2, concluded on Mar. 7, a 10% rate was applied to the excess of that amount.
Effective until May 7, in Phase 3, no cost to taxpayer if assets do not exceed $100k.
When the amount exceeds this figure, a 15% tax rate is applied only to the excess.
The Asset Regularization Regime is aimed at individuals, undivided estates, and legal entities considered tax residents for income tax purposes as of Dec. 31, 2023.
At individuals who are not residents but who were residents before Dec. 31, 2023.
Apr. 21, 2025 ARG Tax Final Stage
On Apr. 21, 2025, ARG Tax reminded end of Stage 3 of Asset Regularization on May 7.
Users can join until then with mandatory advance payment, declaration of adherence.
During the previous stages of the regime, approximately USD 32bn was externalized.
Almost USD 10bn corresponded to registrable assets such as real estate and vehicles.
More than 278k taxpayers entered the regime, and 267,076 accounts were declared.
In this final stage, the adjustment will be free of charge when all assets are declared.
If the exempt amount is exceeded, a 15% rate will be applied only to the excess.
Sworn declaration filing, payment of regularization tax must be made by Jun. 6, 2025.
