The Minister of Economy, Sergio Massa, together with the head of the Federal Administration of Public Revenues (AFIP), Carlos Castagnetto, will sign a tax information exchange agreement with the United States (USA). This agreement will allow Argentina to know the net worth and assets received by Argentine citizens with accounts in the US.
The same task will Sergio Massa and Castagnetto for the North American country from January 1 to September 30, that is, for nine months. The Minister He also stated that after the signing of the tax information exchange agreement, a money laundering bill will be drafted and sent to Congress.
This bill that will be carried out by the team of Sergio Massa, consists of a treatment regarding the externalization regimes. If any of the owners of individual accounts and accounts of companies made up of Argentines lied in the laundering carried out during the government of Mauricio Macri, “the externalization regime will be considered fallen and all the assets of that taxpayer must be reviewed.”
This report that will be signed with the US will also be submitted to the board of the International Monetary Fund (IMF).thus approving the goals for the third quarter and ensuring disbursements for our country close to 6,200 million dollars.
According to this theme, the Minister Clarified that “Argentina has been complying with its international commitments, with the Paris Club, the agreement with the Inter-American Development Bank and with the World Bankgives us the possibility of closing the year with a reserve accumulation program and peace of mind from the exchange point of view for the Argentine economy”.
Meeting with metallurgists and footwear
As part of the Fair Prices program, which will freeze the value of nearly 2,000 mass consumption products such as cleaning, personal hygiene, beverages, and food items and will allow increases of up to 4% each month for another 30,000 products, the minister met with businessmen from the footwear industry and representatives of the Association of Metallurgical Industrialists.
This meeting was held to include both sectors in the Fair Prices program, as was done with the fuel distributors YPF and Shell, among others. Massa was accompanied by the Secretary of Industry and Productive Development, José Ignacio de Mendiguren and the Secretary of Domestic Trade, Matías Tombolini.