Overview
- President Javier Milei signed the measure into law on Friday, shifting tax cases to a presumption of innocence.
- Thresholds for criminal tax evasion jumped to $100,000 for simple cases and $1 million for aggravated cases, with the statute of limitations cut to three years.
- Economy Minister Luis Caputo told banks to accept deposits under the regime and steered depositors to state-owned Banco Nación if provenance questions arise.
- More than $20 billion brought in under a 2023 amnesty is no longer frozen, giving account holders free use of those funds.
- Officials cite roughly $250 billion held outside banks and thin reserves against about $19 billion in 2026 foreign payments, while opponents warn of money-laundering risks and the government says taxes still must be paid.