LatinNews Daily - 10 February 2026

*Argentina’s government led by President Javier Milei published a regulatory decree to bring the new ‘fiscal innocence law’ into effect. In a statement, the government says the law “leaves behind a persecutory regime” under which “everyone was considered a tax evader”. Among other things, the law raises the threshold for simple evasion to Ar$100m (US$70,583) and for aggravated evasion to Ar$1bn. The statute of limitations for the crime has also been decreased from five years to three years, meaning that those who register with the new tax regime in the coming months will not be subject to investigation after 2029. The law is primarily designed to encourage Argentines to deposit undeclared US dollar savings into the formal banking system, boosting central bank (BCRA) reserves. In a social media post, Milei’s cabinet chief, Manuel Adorni, stated that: “For years, politics expelled millions of Argentines from the system and then punished them for trying to protect their savings. A new era: now what’s yours is yours.”

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