MercoPress. South Atlantic News Agency

Argentina regulates ‘Inocencia Fiscal’ to bring ‘mattress dollars’ into the banking system

Argentina’s government has issued the implementing rules for its Inocencia Fiscal law, formally activating a voluntary Simplified Income Tax Regime (RSG) aimed at encouraging taxpayers to bring undeclared savings —popularly known as “mattress dollars”— into the formal economy, while shifting enforcement toward compliance “going forward.” Read full article