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Argentina Regulates Procedure for Using Reconstruction Bonds to Settle Taxes And Customs Debts

24 April 2025

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Approved Changes

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Argentina

The Argentine tax authority (ARCA) has announced that it has regulated through General Resolution 5675/2025 the procedure for companies and individuals to use Bonds for the Reconstruction of a Free Argentina (Bonos para la Reconstrucción de una Argentina Libre - BOPREAL) to settle tax and customs debts. These bonds, issued by the Central Bank, were introduced in 2023 for importers that were unable to obtain USD at the official exchange rate to pay foreign suppliers due to a lack of foreign currency reserves. The procedure requires holders of such bonds to transfer them to a special account held by the...