07 January 2020 Argentine Central Bank extends foreign exchange restrictions Taxpayers are permanently required to follow the foreign exchange regulations that expired on December 31, 2019. On January 3, 2020, the Central Bank of Argentina (BCRA for its Spanish acronym) issued Communiques A 6,854/2019 and A 6,856/2019, which permanently extended the foreign exchange regulations that expired on December 31, 2019. The general guidelines of the foreign exchange regulations were described in Tax Alerts 2019-1567 and 2020-0014. Companies doing business and different stakeholders investing in Argentina should consider the consequences of the changes and evaluate the effect on their current or future Argentine operations.
Document ID: 2020-0031 | |||||||||||||||||||||||||
