22-05-2025
Milei Slashes Argentine Tax Regulations to Boost Dollar Use
President Javier Milei proposed an overhaul of Argentina's tax system in order to cut red tape and encourage use of greenbacks that were previously undeclared.
The country's tax agency, ARCA, will stop collecting large swaths of information from citizens and businesses, ranging from used car and home sales to everyday supermarket purchases, starting Friday. The government also aims to raise the threshold for banks to report consumer transactions.
