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Argentina eliminates most remaining Foreign Exchange controls

15 April 2025

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Tax Alerts, National/Federal Taxation, G...

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Argentina

~internalAttachments~The Argentine government has eliminated restrictions on dividend distributions for retained earnings generated after 1 January 2025 and most remaining foreign exchange controls.Restrictions for individuals to access to the Official Exchange Market are also eliminated. On 11 April 2025, the Argentine Central Bank (BCRA) issued Communication "A" 8226, introducing certain measures effective as of 14 April 2025.The most relevant measures include:It will be possible to access the Official Exchange Market for the distribution of dividends to nonresident shareholders when they correspond to retained earnings recognized in the audited Financial Statements for fiscal years beginning on or after 1 January 2025.Imports of...