The Minister of Economy, Sergio Massa, assured that the tax information exchange agreement between Argentina and the United States will be signed in Buenos Aires at the end of the month and affirmed that that country will thus cease to be a “den of Argentine evaders”.
In dialogue with the Infobae site, Minister Massa confirmed that in the week beginning November 28, it will be signed at the United States embassy in Buenos Aires and considered it a “historic” event.
“In December we are going to work on the basis of a law that has been approved by the Senate, authored by Senator (Oscar) Parrilli, to adapt the laundering procedure in three steps: those who externalize their accounts before March, before June and who do not externalize before September 30, all with a system of penalties for June 30 and September 30, and a money laundering price,” the minister said.
“In parallel, those who have undeclared accounts and have participated in the laundering of 2016, that benefit will automatically fall and they will have to redesign their presentation before the AFIP with a penalty,” he added.
Massa did not provide data on the percentages that those who enter the different levels of laundering that will take place throughout 2023 will have to pay, nor on the amounts of the penalties.
“This is a very important step for the country; it is an assessment by the IRS authorities of the technical work of the AFIP and the economic team; that we have made progress in such a short time is also a sign of the willingness of joint work between Argentina and United States so that there are no more tax havens and tax evading citizens,” Massa said.
