Overview
- The change was formalized in Decree 398/2026 published in the Boletín Oficial and signed by President Javier Milei, presidential spokesperson Manuel Adorni and Economy Minister Luis Caputo.
- The decree, published on May 28, 2026, excludes the Philippines, Madagascar and Trinidad and Tobago from Argentina’s list of 'non‑cooperative' tax jurisdictions.
- By leaving the list, transactions with entities in those three countries will no longer trigger the stricter tax treatments such as higher withholdings and tougher transfer‑pricing presumptions.
- Argentina’s tax authority (ARCA) can now request and receive fiscal information from those jurisdictions through the Convention on Mutual Administrative Assistance in Tax Matters, which the decree cites as the reason for the change.
- A large set of other countries and territories remain classified as non‑cooperative, so companies with cross‑border operations should still expect enhanced reporting and controls for dealings with those jurisdictions.