Tag: AFIP

Friday, January 11th 2013 - 08:36 UTC
Argentine tourists must pay 8 pesos for the US dollar in neighbouring countries

Following on the climbing tendency since the beginning of the year, the ‘blue’ or ‘parallel’ US dollar traded in Buenos Aires at 7.25 Argentine Pesos with a 46% gap over the ‘official’ dollar that remained relatively stable at 4.95 Pesos.
Friday, January 4th 2013 - 22:09 UTC
Argentina implements strict rules and controls on the soccer industry

Every soccer team from the Argentine First and Second Division will as of this week have to open a bank account where they will deposit the total sum of money generated from soccer player transfers. Financial rights will now solely belong to the entities involved.
Saturday, October 13th 2012 - 08:31 UTC
“Dollar clamp” in Argentina extended to all outgoing tourists

The Argentine foreign exchange clamp has reached the outgoing tourism industry which to have access to Central bank US dollars for the trip, must now report each ticket or package sale plus the overseas services contracted according to the latest resolution.
Thursday, October 11th 2012 - 05:26 UTC
Seed giant Monsanto suspended in Argentina on allegations of tax irregularities

Argentine authorities suspended the local unit of US seed giant Monsanto from a local grains registry over allegations of tax irregularities. The company denied the allegations in a statement issued late on Wednesday.
Wednesday, September 12th 2012 - 04:11 UTC
Following public uproar, the Timerman family will celebrate the marriage in Buenos Aires

Finally the Argentine Foreign Minister Hector Timerman family decided not to celebrate the marriage of their eldest daughter Jordana in Uruguay’s most exclusive resort but rather in Buenos Aires.
Tuesday, September 11th 2012 - 06:40 UTC
Despite the clamp, Timerman’s plans big ‘dollar splash’ next March in Uruguay

While most Argentines face increasing difficulties to access to US dollars, to travel overseas or use their debit and credit cards abroad, (the famous ‘dollar clamp’) one of President Cristina Fernandez most notorious and loquacious ministers, Hector Timerman is organizing a three-day major splash at Uruguay’s most posh resort to celebrate the marriage of his eldest daughter.
Saturday, September 8th 2012 - 05:20 UTC
Argentina limits dollar trading for arriving tourists in ports and airports

The Argentine government is further tightening the US dollar clamp. On Thursday the Central bank announced that state-run banks and agencies will be the only ones officially allowed to operate foreign currency exchange offices in airports and ports.
Saturday, September 1st 2012 - 06:50 UTC
Top tax-man suggests Argentines spend vacations in the country, but he prefers Punta del Este

Argentines should stay at home and spend their vacation in Argentina, suggested the head of the tax revenue office, AFIP, arguing in favour of the latest measures severely limiting debit and credit card purchases abroad by charging them an additional 15% expense.
Friday, August 31st 2012 - 05:03 UTC
Argentine credit card holders’ buying abroad charged 15% income tax advance

Argentine credit card purchases abroad will be charged with an additional 15% income tax advance, AFIP tax agency reported on Thursday. The extra amount will be deductible from the income tax and the personal assets tax.
Monday, August 27th 2012 - 06:24 UTC
The Argentine tax man reviewing football players transfers and contracts

The head of Argentina’s tax office, AFIP Ricardo Echegaray announced in a press conference the agency had blocked the identification of 146 taxpayers connected to the football business. “We have to ensure football’s coherency and transparency” he remarked.