New CNV Regulation on Simplified Income Tax Return Regime

On February 19, 2026, the Argentine Securities Commission (CNV) approved General Resolution 1108, which introduced amendments to its fiscal innocence provisions. The Resolution includes new provisions to regulate the use of funds and/or assets in transactions within the capital markets or with Virtual Asset Service Providers (VASPs) for those who opted for the Simplified Income Tax Return Regime.
 

Those who choose to invest their funds through the capital market or VASPs may carry out:

1. Cash deposits into the bank accounts of broker-dealers (ALyCs), the agents involved in Mutual Investment Funds (FCIs), and VASPs.
2. Transfers of securities to and from trading sub-accounts held under their ownership or co-ownership with agents involved in the placement of FCIs or with ALyCs.
3. Transfers of virtual assets to and from accounts held under their ownership or co-ownership with VASPs registered with the CNV.

In cases b) and c), the jurisdictions of origin of said trading sub-accounts or accounts, as applicable, must not be included in the list of non-cooperative jurisdictions for tax transparency purposes, nor be considered high-risk jurisdictions by the Financial Action Task Force (FATF).

In all cases, clients must be enrolled in the Simplified Income Tax Return Regime and must be holders or co-holders of at least one account with the entity to which they will make the cash deposit, transfer of securities, or transfer of virtual assets.