Tag: AFIP

• Thursday, August 23rd 2012 - 06:38 UTC

  Argentina promulgates tax data exchange bill, but Uruguay still has to vote it

  

  The Argentine government on Wednesday promulgated the tax agreement reached with Uruguay geared to lower fiscal evasion and elusion plus avoiding double taxing for residents from the neighbouring countries.

• Thursday, August 16th 2012 - 02:26 UTC

  Mujica working for more trade agreements and a Mercosur with ‘flexibility’

  

  Uruguay needs “new markets and new partners” and must try to diversify trade with the largest possible number of agreements to make Mercosur more flexible and anticipate the current process in Argentina, said President Jose Mujica.

• Tuesday, August 7th 2012 - 17:13 UTC

  Argentine supermarkets must keep records of clients that spend plus 210 dollars

  

  Argentine supermarkets must keep records of sales of plus 1.000 Pesos which must be available to tax inspectors, according to the latest decision from AFIP the tax revenue office. A thousand Pesos at the official rate is equivalent to 210 dollars and in the parallel 140 dollars.

• Monday, August 6th 2012 - 22:02 UTC

  Dollar deposits and loans erosion in Argentina as restrictions become stricter

  

  The strict and tightening US dollar purchase restrictions imposed in Argentina were clearly exposed in the banking system dollar deposits and loans during the last week of July when they dropped 3%, having accumulated 43% in the last few weeks, according to official data from the central bank.

• Saturday, July 28th 2012 - 11:21 UTC

  Argentine grains futures market in shock: government wants operations in Pesos

  

  Argentina could require that grains futures be listed in the local Peso currency the head of the central bank said on Friday, a move that traders said would paralyze markets in the leading global food supplier.

• Thursday, July 19th 2012 - 22:36 UTC

  Cristina Fernandez unleashes tax agency against opponents, claims The Economist

  

  Under the heading of “Knock, knock, the government unleashes the tax agency against its opponents” The Economist latest edition claims that President Cristina Fernandez is using the tax revenue office to hound its political enemies.

• Thursday, July 5th 2012 - 22:30 UTC

  Argentina further tightens “dollar clamp”, bans all greenback’ purchases for savings

  

  The Argentine Central Bank announced on Thursday it will officially ban the purchase of dollars for savings, the latest in a series of measures to discourage the buying of greenbacks.

• Wednesday, June 13th 2012 - 08:21 UTC

  Argentine dollar restrictions intensify malaise in real estate and the wider economy

  

  On June 7 the Argentine government presented a bill to require debt and new contracts are denominated in pesos, while the government is mulling the de-dollarisation of real estate contracts. This would make real estate purchases even more difficult than they currently are in a country with ever-tightening capital controls.

• Wednesday, June 6th 2012 - 22:59 UTC

  Argentine president pledges to turn her dollar savings into Pesos and urged ministers to follow

  

  Argentine President Cristina Fernández insisted Wednesday on the need of saving in Pesos instead of US dollars and announced that she would “pesify” her dollar fixed-term bank deposit, urging her ministers to do the same.

• Saturday, June 2nd 2012 - 04:19 UTC

  Argentine senator admits having lost his temper regarding his savings in dollars, “I regret it”

  

  The most outspoken soldier of President Cristina Fernandez, Senator and former Cabinet Chief Aníbal Fernández regretted on Friday his controversial outburst on Thursday when he admitted having savings in dollars and it was nobody’s business what he did with his money.