Argentina’s Fiscal Innocence Plan Aims to Tap US$170 Billion
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29 Articles
la Nacion
Ricardo Raul BenedettiThe Government Sent to Congress the “Tax Innocence 2” Project to Get the Dollars Out of the Mattress
The initiative entered the Chamber of Deputies tonight; it seeks to encourage the banking of the savings in US currency held by Argentines
Minister Luis Caputo announced this week the changes they want to make to the law passed in December.The opposition criticizes the possibility that officials can join and allies ask for benefits for "good taxpayers".
The Executive sent to Congress a project that eliminates existing asset caps to adhere to laundering. They estimate that in Argentina there are $170 billion outside the system
Argentina’s Fiscal Innocence Plan Aims to Tap US$170 Billion
Luis Caputo’s relaunched fiscal innocence plan lets Argentines bank hidden dollars without questions, targeting an estimated US$170 billion held outside the system. The post Argentina’s Fiscal Innocence Plan Aims to Tap US$170 Billion appeared first on The Rio Times.
The Minister of Economy, Luis Caputo, detailed the central changes of the project that he will send to Congress in the coming hours, with modifications to the access requirements, the rules of control and the mechanisms of defense for the taxpayers
The Minister of Economy, Luis Caputo, and the Legal and Technical Secretary of the Presidency, María Ibarzabal Murphy, presented a series of amendments to the Law of Fiscal Innocence. According to the owner of the Treasury Palace, "the spirit of the law does not change in anything" and the objective remains that "those savings can be formalized in the banking system without any penalty of any kind." In addition, he assured that the changes were …
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