New Scope for país tax

Through Decree No. 385/2024, published in the Official Gazette on May 6th, 2024, the Executive Branch established a new scope for the PAIS Tax.

A 17.5% rate will be applied to two types of operations:

(i) Purchases of foreign currency for the repatriation of investments by non-residents and the distribution of profits and dividends.

(ii) Subscriptions to Bonds for the Reconstruction of a Free Argentina (BOPREAL), acquired for the same purpose as indicated in point (i).

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