Argentina issued Decree No. 373/2019 on 27 May 2019, which includes new exemption from tax on debits and credits for those accounts used for the provision of financial services by complementary financial services agencies.
The decree was issued by amending the first paragraph of article 10 of the Annex of Decree No. 380/2001. The new exemption will be applicable for all the activities related to the movement of funds, such as payment charges, transfers and remittances in compliance with the regulations of the Argentine Central Bank.
The decree is applicable from the date 28 May 2019.
