Inocencia Fiscal II: the caps go, and ARCA needs a large gap to challenge a return

Nothing yet: it is a bill that cleared the lower house. It is not a new law but the second round of the Inocencia Fiscal already in force — the committee report itself says it amends «the laws on the simplified income tax return and on tax statutes of limitation (11.683 and 27.799) and on the penalty regime (25.191)». What it proposes to change: remove the entry caps to the simplified regime —today only taxpayers with up to $1,000 million in income and up to $10,000 million in assets qualify— and raise the bar for ARCA to challenge a return, which would require a gap of at least 15%. Public officials are excluded from the benefit. The timeline: majority committee report with 44 signatures from the Budget and Treasury and the Criminal Legislation committees on August 12, 2026, and passage on August 26 with 139 votes in favor, 110 against and 2 abstentions. It moves to the Senate. ⚠️ The Chamber's own release stresses that «this is not an amnesty». prob · Aug 26, 2026 ↗

Not in force. It passed the Chamber of Deputies on August 26, 2026 and moved to the Senate. What does apply today is the parent law, Ley 27.799, in force since January 2, 2026. prob · Aug 26, 2026 ↗

Anyone holding savings outside the system who cannot use them to operate on the books today: buying property, putting capital into an SME, or qualifying for credit. And on the other side, ARCA, which would lose room to challenge a simplified return. For the observatory it matters through one concrete channel: a satellite supplier that wants to grow needs to show assets to take on credit or to qualify in a supplier registry, and that is precisely the savings it cannot declare today. thesis · Aug 12, 2026