Dollars Under the Mattress: Catamarca Joined the Regime Proposed by the Government

Peronist Raúl Jalil met in Casa Rosada with Luis Caputo and Guillermo Francos to sign the agreement proposed by the ARCA. The provinces that do not do so will be denied access to tax information of their inhabitants. Read more

The announcement of the measures to use the dollars “of the mattress” included several points: the easing of controls over certain operations by the Agency for Recovery and Customs Control (ARCA), the creation of a simplified regime of earnings and the drafting of a bill to shield those who join in with that regulation. But for these provisions to take effect, the Government needs the provinces.

Blanqueo and empanadas. The initiative that tries to promote the use of dollars “of the mattress” by the government, in addition to its flirtation with the illicit and funds of malhabida activities, has a B side: Caputo wants the population to use its dollars (saving) for its current expenses, and to start the road towards dollarization. Meanwhile, the cost of living has pushed much of the country to adjustment and poverty. How to interpret the …

The ministers Acosta and Calvo participated along with other provincial referents of a Zoom with Caputo and Guillermo Francos. The virtual meeting aimed to clarify doubts about the flexibility for the use of undeclared dollars and money in informality. In parallel, to that the provinces adhere to the new simplified regime of Gains. Córdoba [...] The post Llaryora will adhere to the simplified regime of Gains and expects impact on the revenues ap…

The Chief of Staff, Guillermo Francos, and the Minister of Economy, Luis Caputo, headed a virtual meeting with provincial leaders on Tuesday to advance with the Historical Reparation Plan for the Savings of the Argentines, which seeks to incorporate dollars and pesos “under the mattress” into the formal circuit. The proposal allows to enter up to $50 million per month without justification and without reports from the banks to Arca, the new coll…

Gov. Gustavo Sáenz, along with his peers from other provinces, participated in the videoconference called by the head of the Cabinet of Ministers of the Nation Guillermo Francos and the Minister of National Economy, Luis Caputo. They were also the head of the Agency for Collection and Customs Control (ARCA), Juan Pazo and the vice chief of the Cabinet of the Interior Lisandro Catalan. This is the first zoom implemented by the national government…