On 11 April 2025, the Argentine Central Bank (BCRA) issued Communication "A" 8226, introducing certain measures effective as of 14 April 2025.

The most relevant measures include:

1. It will be possible to access the Official Exchange Market for the distribution of dividends to nonresident shareholders when they correspond to retained earnings recognized in the audited Financial Statements for fiscal years beginning on or after 1 January 2025.
2. Imports of goods with customs entry after 14 April 2025 may be paid without a minimum term established by the BCRA. (Previously entities were required to wait, in general, 30 days after the import of the goods to make the payment. Now, the 30-day period is eliminated.)
3. Services rendered by an unrelated party on or after 14 April 2025, may be paid from the date of rendering or accrual (previously, they could be paid after 30 days from the date of rendering or accrual).
4. Services rendered by a related party on or after 14 April 2025, may be paid after 90 days from the date of rendering or accrual (previously, they could be paid after 180 days from the date of rendering or accrual).
5. Capital goods with a pending customs registration may be paid to the extent that certain requirements are met.

Note too that individuals will have access to the Official Exchange Market for the purchase of foreign currency without prior authorization from the BCRA.

In addition, the Argentine National Executive Branch issued Decree No. 269/2025, eliminating Decree No. 28 of 13 December 2023. Decree No. 28 established that the amount obtained from exports of goods (including pre-financing and post-financing) and services, could be brought into the country in foreign currency and negotiated 80% through the Official Exchange Market, and the remaining 20% could be settled by executing the Blue-Chip Swap mechanism. (For background, see EY Global Tax Alert, Argentina implements new economic measures with impact on tax and foreign exchange matters, dated 18 December 2023.)

Finally, the Revenue and Customs Control Agency ("Agencia de Recaudación y Control Aduanero,"ARCA in Spanish) issued General Resolution No. 5672/2025, which eliminates the 30% reverse withholding tax levy on purchases of foreign currency made by individuals. The reverse withholding tax is also eliminated for the import of certain products to which it previously applied.