The national Executive Branch has implemented the new Simplified Income Tax Regime.
Since Sunday morning, the application for enrollment has been enabled by the Federal Administration of Argentine Resources and Contributions (ARCA), and work is already underway on drafting a bill to "shield" the modifications at the legislative level.
A change with fiscal and political impact
The initiative is part of the package of tax reforms that the Government announced ten days ago and now seeks to formalize through a legal text. According to official sources, Casa Rosada expects to gain further support from governors in the coming hours to consolidate the new framework.
Catamarca and Tucumán were the first to sign their enrollment in the system, with bilateral commitments not to impose new provincial fiscal controls while requirements are relaxed at the national level. In both cases, these are provinces governed by Peronist leaders, Raúl Jalil and Osvaldo Jaldo, who maintain a fluid dialogue with the libertarian administration.
Key points of the new regime
The new framework—which will take effect starting with the 2025 fiscal period—introduces substantial changes for taxpayers who enroll, including:
- Elimination of the obligation to report assets at the beginning and end of the fiscal year.
- Elimination of the calculation of "amount consumed", which means a lower administrative burden.
- Simplification of automated asset cross-checking by the tax authority.
Tax specialists warn that these measures reduce bureaucracy, although they also weaken automatic fiscal control tools.
