Overview
- Economy Minister Luis Caputo met with leading accountants on May 21 and agreed to push key tax‑declaration deadlines to the end of July to ease adhesion to the Régimen Simplificado de Ganancias.
- Accountants and professional bodies warned that the law’s technical rules are unclear, highlighting a 15% 'discrepancias significativas' threshold, a reported $100 million cap, higher automatic fines for missed filings, and new bank reporting duties that complicate compliance.
- ARCA reported roughly 80,000 preliminary adherents to the simplified declaration regime but many registrants may still withdraw or switch to the general regime before filing deadlines.
- Officials said changes to discrepancy rules, blocking periods and mandatory bank notifications would require new legislation of equal rank to the law rather than only regulatory fixes.
- The move comes as President Milei cut wheat and barley export duties and the IMF approved a US$1 billion disbursement on May 22 while urging faster reserve rebuilding, and Mexico’s farm protesters won a preliminary Sader agreement but set a June 5 deadline for concrete results.