The first instalment will be available on 8 September 2025.
Argentina’s tax authority (ARCA) introduced a special procedure for importers on 7 July 2025, allowing them to claim refunds for overpaid PAIS tax, which expired on 22 December 2024.
The PAIS tax is a special tax levied on the purchase of foreign currency.
The measure was implemented through General Resolution No. 5720/2025, published in the Official Gazette on 4 July 2025.
Importers who prepaid the PAIS tax but were unable to apply it due to reduced rates, price agreements, or free zones will receive a refund credit. This refund will be issued in up to 24 instalments, based on the tax balance.
In the first stage, benefits apply to those who paid the PAIS Tax but were unable to compute it due to rate reductions or special regimes, such as price agreements and free trade zones. After the 45 days for Stage I credit balance registrations, a new phase will open for refund requests related to other overpayment sources, with specific rules issued to regulate the refund process in the second stage.
Refunds will be issued in instalments based on the tax balance:
- Up to ARS 4 million: 1 instalment
- ARS 4–10 million: 6 instalments
- ARS 10–100 million: 12 instalments
- Over ARS 100 million: 24 instalments
The first instalment will be available on 8 September 2025, exclusively for offsetting import duties. Requests can be submitted via ARCA’s online system from 8 July to 22 August 2025.
Earlier, ARCA introduced a procedure for returning balances of the PAIS tax through General Resolution 5638/25 on 17 January 2025.
