Argentina has published Decree 682/2022 of 12 October 2022, which extends the scope of the tax on foreign currency purchases (Impuesto Para una Argentina Inclusiva y Solidaria - PAIS tax). The PAIS tax is a temporary 30% tax introduced by Law 27541 for a period of five years beginning 23 December 2019 on foreign currency purchases by both natural and legal persons in Argentina. The scope of th…