Uruguay and Argentina reach agreement on tax information exchange

Wednesday, April 25th 2012 - 06:21 UTC

Full article 10 comments

Uruguay and Argentina agreed to exchange tax data in a deal that gives Argentine inspectors the power to dig up information on savers with bank accounts in the neighbouring country, officials said on Tuesday. Read full article

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GreekYoghurt
They should move it all to the falklands bank, then there will be no issues about the argentinian taxman.
Apr 25th, 2012 - 06:30 am - Link - Report abuse 0
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Teaboy2
@1 Lol CFK would love that!!
Apr 25th, 2012 - 07:40 am - Link - Report abuse 0
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British_Kirchnerist
Yeah great, I suppose most of Britain's other “non-self-governing territories” are tax havens already so why shouldn't the Falklands join the noble ranks of the Cayman Islands, the Channel Islands, the Isle of Man and so on? Of course it would only strengthen the Argentine case as far as most of the world would be concerned...
Apr 25th, 2012 - 09:07 am - Link - Report abuse 0
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reality check
Most of the world couldn't give a shit. They are too busy getting on with sorting out their own problems.
Apr 25th, 2012 - 12:11 pm - Link - Report abuse 0
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Teaboy2
@3 - They are self governing territories, it is their sovereign decision if they want to be tax havens and its perfectly legal too - Unlike CFK's sovereign decision to take over YPF from Repsol!!
Apr 25th, 2012 - 12:57 pm - Link - Report abuse 0
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KFC de Pollo
Bit of a mistake here by Uruguay.
Apr 25th, 2012 - 05:52 pm - Link - Report abuse 0
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ChrisR
6 KFC de Pollo
“Bit of a mistake here by Uruguay.”

Not really, evasion investigation by Uruguay only applies where “Tax agents will only be able to share information in specific cases where there is evidence of evasion.”

Do you really think that super wealthy Argentinians are going to be caught out by this? They have been evading the clutches of their thieving government officials for years (think of the Mad Bitch, FatBoy and SlimGirl).

And it means that Uruguayos will only pay one tax. If any country is going to loose out it will be Argentina.
Apr 25th, 2012 - 08:16 pm - Link - Report abuse 0
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mastershakejb
best part was last sentence: “This however has fuelled more foreign-exchange transactions on Argentina's black market.”
Another typical failure of PlasticPopulast's policies.
Apr 26th, 2012 - 03:49 am - Link - Report abuse 0
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DonSpain
Tax evasion is not a sport where you get a gold medal for winning. It is stealing and criminal behaviour. If your government is corrupt and misusing public funds, it is better to get rid of them and look for honest people. Tax havens are created by the rich, used by the rich and defended by the rich. While all on a common salary has to comply with IRS and facing fines if not making correct declarations.

And the rest of the world is suffering from the instability caused by the financial gambling of the caretakers of illegitimate fortunes!
Apr 27th, 2012 - 04:36 am - Link - Report abuse 0
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British_Kirchnerist
#9 Amen to that =)
Apr 27th, 2012 - 09:37 am - Link - Report abuse 0
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