How trading profits are taxed in Argentina

Residents are taxed on worldwide income. (1) Impuesto a las Ganancias: foreign-source financial capital gains from buying/selling instruments are taxed at a proportional 15% when the asset is in foreign currency; interest and other benefits follow the progressive individual scale up to 35%. Forex/CFD profits from offshore brokers are foreign-source income and must be declared. (2) Impuesto sobre los Bienes Personales: foreign-held assets (foreign broker accounts) are taxable once you are an Argentine tax resident. (3) Declaration: foreign accounts/assets must be declared; Argentina exchanges data via CRS and FATCA, so offshore broker accounts are automatically reported to ARCA. The PAIS tax expired 23-Dec-2024; a 30% Ganancias perception still applies to certain card/FX consumption and is recoverable. Authority ARCA/AFIP: https://www.arca.gob.ar. Rates as of the review.

KEY: Argentina's 'cepo cambiario' was significantly loosened for INDIVIDUALS in April 2025 but is NOT fully lifted. As of 2026: individuals can buy USD in the official market (MULC) with NO monthly nominal cap (the old USD 200/month limit was removed April 2025). HOWEVER a 'restriccion cruzada' remains: buyers must sign a sworn declaration not to trade dollar-MEP or CCL securities for 90 days before and after buying official USD. Companies remain heavily restricted. PAIS tax ELIMINATED (expired 23-Dec-2024). FX floats within a band that from 2-Jan-2026 adjusts monthly by INDEC inflation; initial band ~ARS 914.78 (floor) to ~ARS 1,529.03 (ceiling). Multiple dollars persist (oficial vs MEP vs blue). As of May-July 2026. Source: https://www.bcra.gob.ar/en/exchange-rate-band-regime/

Local rails: bank wire via CBU (bank account) or CVU (virtual account/wallets); MercadoPago; debit/credit cards. For the LOCAL/CNV route, funding a broker (ALyC) is by ARS or USD transfer (credited within ~24h). USD ('dolar MEP') is bought through a CNV-authorised broker/bank. MercadoPago allows buying dolar MEP but can only move USD to a USD savings account in your OWN name - no third-party USD transfers. Offshore brokers typically require card or e-wallet/international transfer, and moving ARS abroad hits FX controls. ARS is highly volatile with multiple exchange rates (official vs MEP vs blue), so deposit/withdrawal value in USD terms swings materially.

Tax is charged on what you made, not on where the broker is. What the broker's location does change is the paperwork you will have: a local entity reports in Argentina, a foreign one does not, and the statement you file comes from whichever entity signed you.

We are not tax advisers and nothing here is advice. The figures above are the published rules as we read them on the date on this page.