The Government Is Pushing for a Key Reform of the Capital Market that Includes Collecting Earnings From the Sale of Cedears
12 Articles
12 Articles
The change would reach certificates acquired since 31 October; the project also modifies the treatment of certain funds and enables the negotiation of fixed deadlines and outstanding collections of cards
It will reach the CEDEARs, which are certificates representing shares of international firms listed on Wall Street. Officialism included it in the capital market reform law that it presented today in Congress.Sales are now exempt, but returns pay the tribute.
The change reached the sales of certificates acquired since 31 October 2026; the project also includes reforms to the capital market.
This Tuesday, the Financial Competitiveness Bill, which included this amendment, entered the Chamber of Deputies. However, they later clarified that it was an old draft.
The Executive clarified that they will withdraw an article from the draft Financial Competitiveness Law that modified the tax treatment of Argentine Deposit Certificates and established a mechanism of “tax transparency” for certificates acquired since October 31, 2026 The entry A paper: Milei reversed the project to charge profits to those who invest in shares of foreign companies was first published in El Ciudadano.
Luis Caputo's advisor confirmed that they will withdraw the proposal that he had entered into Deputies.
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