New tax regulation measures

The Decree N° 353/2025, published in the Official Bulletin on May 22^nd, 2025, arranges a series of dispositions to simplify and deregulate the bureaucratic process of investing and acquiring goods by reducing both taxation and informative burdens. All of this in the context of complying good practices and with international obligations assumed by Argentina.
 

Some of the main dispositions include:
 

1. Procedural deregulation: The investment and good acquisition processes are simplified.

2. Tax filing streamlining: The Tax Authority can now implement a shortened and optional income tax filing for individuals and undivided estates, both resident in Argentina. Thus, reducing the administrative burden for taxpayers.
    
3. Creation of an Open Finance System: Individuals and companies are now allowed to share, willingly, their financial information with banking entities to ease access to credit and promote financial inclusion.
    
4. Transparency strengthening: Fiscal secret is maintained and the UIF is instructed to adequate its normative regulation to prevent money laundering, financial terrorism and finance for weapons of mass destruction. On one note, there will not be a flexibilization or diminution on informative obligations for those already burdened by the UIF.
    

Following the Decree, the Tax Authority put forward a series of dispositions (General Resolutions) accordingly. They are:
 

• General Resolution 5696/2025: With the objective of avoiding sensible data disclosure, protecting privacy and the taxpayers’ rights, this resolution modifies General Resolution 5125/2021 and prohibits finance entities and others burdened to inform before the UIF to request affidavits of national taxes to their clients. Thus, complying with the fiscal secret framework of protection contained in Article 101 of the Fiscal Procedure Law. This brings along onboarding and transactional monitoring processes modifications. Consequently, modifying client risk allocation.

Moreover, any request that does not align with these dispositions shall be considered as against the law and could result in sanctions, as well as intervention by the competent authorities. On the same note, focus in maintained for the implementation of an Open Finance System to ease financial inclusion by removing the need for additional documentation that violates fiscal secret.

 

• General Resolution 5697/2025: This resolution abrogates a series of previous ones (specifically General Resolution 2371 and its modifications) related to the obligation of presenting the “Real estate transfer offer code” (COTI, for the Spanish acronym). This code was used in the negotiation, offer or transfer of real estate or rights over real estate in the process of building.

 

• General Resolution 5698/2025: To keep on simplifying the previous informative regulation which required additional burdens in some market sectors, through this resolution, the following norms are abrogated:
   

1. 1. Used vehicle brokerage and trading: General Resolution N°2.032 and concordats are removed, which imposed a special reporting regime for these market operations.
   2. Mortgage-backed loans and real estate transfers: Several resolutions, such as General Resolution N°. 3.034 and their amendments, which established reporting requirements for these transactions, are repealed.
   3. Energy, water, gas, and telephone services: The corresponding regulations (such as General Resolution N° 3349 and N° 4145), which required companies in the sector to comply with certain reporting requirements, are abrogated.
   4. Expenses and similar concepts in real estate and urban complexes: General Resolutions N° 3.369 and N° 3.645 related to information on expenses and other costs associated with horizontal property regimes, gated communities, and similar entities are hereby repealed.

 

• General Resolution 5699/2025: This resolution seeks to update and modify various financial activity information reporting regimes. Its key points are as follows:

1. 1. Modifications to the Credit Card Transaction Reporting System (General Resolution N° 3.421):

• Old application programs are eliminated and replaced with new ones, such as “AFIP DGI - Credit Cards” and “ARCA - Credit Cards Foreign Transactions”.

1. 2. Update of the thresholds in General Resolution N° 4.298 (Information System for Financial Institutions), through which financial entities must inform on checking and savings accounts, and other relevant transactions:

• Bank transfers and credits: $50 million pesos for individuals and $30 million pesos for legal entities.
• Cash withdrawals: $10 million pesos for both individuals and legal entities.
• Balances on the last day of the month: $50 million pesos for individuals and $30 million pesos for legal entities.
• Time deposits: $100 million pesos for individuals and $30 million pesos for legal entities.
• Transfers and credits to virtual wallets: $50 million pesos for individuals and $30 million pesos for legal entities.
• Transfers in AlyCs: $100 million pesos for individuals and $30 million pesos for legal entities.
• End consumer purchases: $10 million pesos for purchases made in cash or any other means of payment.

 

• General Resolution 5704/2025: Trough this Resolution, the Tax Authority regulated the option to use the simplified income tax filing form.

In this way, as of June 1, 2025, individuals and undivided estates residing in the country who obtain income from Argentine sources may voluntarily adhere to this simplified regime for the 2025 tax period through the Tax Authority website.

Those who join will be exempt from reporting their assets, and the tax return will be prepared based on information already available to the Tax Authority and that provided by the taxpayers themselves, responsible parties, or third parties.

To be able to use this option, taxpayers must meet the following requirements: (i) have a Tax ID with security level 3; (ii) not have a Unique Tax Identification Number with limited administrative status; (iii) not be included in the Tax Authority's classification of taxpayers of greater fiscal relevance.

Finally, taxpayers may exercise this option from June 1, 2025, until the day before the first general deadline for filing the tax return for the relevant tax period and may also withdraw from the option at any time before filing the tax return.