Argentina has ended its five-year emergency tax imposed on some purchases of foreign currency to make payments abroad. As of 23 December 2024, the tax referred to as "Impuesto PAIS" and imposed on certain purchases of foreign currency to pay for certain goods and services abroad has been eliminated, after being in force for five years.The Impuesto PAIS was created as an emergency tax for five years and applied on certain purchases of foreign currency at the official exchange rate to make payments abroad. The rates varied over the years, with the latest applicable rates being:7.5% on the acquisition abroad of...