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An Alternative Investments fund, owned by a group of friends, we make investments and we work together in several projects,
| Tax info exchange with US moves forward | |
| The negotiation between Argentina and the US to facilitate tax-related information exchanges between both countries began yesterday, with representatives for the AFIP and the Finance Ministry traveling to meet authorities in the USA United States Treasury Secretary Jack Lew offered Washington’s additional support to Macri’s blanqueo (tax amnesty plan) announcing a fresh effort and new steps to improve the exchange of tax information between the nations during a brief stopover in Argentina. The US is one of the main destinies of undeclared Argentine money that the government wants to bring back through its blanqueo programme, making its support key to convincing as many foreign account holders as possible to stop hiding from the taxman, with harsher penalties promised in the future for those who are discovered cheating on their taxes. Officials from AFIP’s counterpart, the US’ Internal Revenue Service (IRS), are also expected to travel to Buenos Aires in two weeks time to work on the fine details of the deal. Last May, the government declared to bring part of the billions worth of undeclared assets that Argentines hold abroad through a sweeping tax amnesty programme that officially opened in August. By the end of March next year, further declared assets will be taxed at a maximum 15 percent rate. The amnesty window is set to close on April 30, 2017. | |
| Written 8 years ago | |
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:: See Darkness in a radiant Lite :: |
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An Alternative Investments fund, owned by a group of friends, we make investments and we work together in several projects, |