Tag: Argentine Tax Bureau (AFIP)

Monday, June 8th 2015 - 07:36 UTC
Argentine financial watchdog claims banks actively collude to take money out of the country

Argentina's head of the Financial Information Unit (UIF) watchdog, José Sbatella has accused major banks of not just participating, but actively organizing operations to move capital out of the country. The official made reference to ongoing cases involving capital flight against worldwide financial powerhouses HSBC, BNP Paribas and JP Morgan, in an interview published in Página 12.
Saturday, May 30th 2015 - 09:15 UTC
Interpol and Argentine police raid sports media office linked to FIFA scandal

Interpol and Argentine federal police officers conducted a raid at the San Telmo offices of Torneos y Competencias, the sports media company directed by Alejandro Burzaco, one of the three Argentine citizens indicted by the US in the corruption scheme that involves FIFA.
Saturday, March 21st 2015 - 06:20 UTC
Argentine police discover 15 kilos of pure cocaine in the 'Splendour of the Seas'

Argentine customs officials seized cocaine worth more than one million dollars million from two crew members on a luxury cruise ship docked in Buenos Aires, authorities said. The suspects, both men, were identified only as a Croatian national and a Chilean traveling on an Australian passport.
Friday, March 20th 2015 - 07:12 UTC
Names of Argentines with HSBC offshore accounts in Switzerland to be made public

Argentina will move forward with its investigation of the HSBC offshore accounts in Switzerland, and will make public the names of those Argentine citizens and organizations that held money overseas in the financial entity, allegedly with the purpose of eluding local taxes.
Tuesday, March 10th 2015 - 03:21 UTC
Argentina's top tax official attends HSBC hearings at UK Parliament

Argentina wants HSBC Holdings Plc to repatriate 3.5 billion dollars the bank's Argentine branch moved offshore to help clients evade taxes and move capital abroad, the country's tax chief Ricardo Echegaray said on Monday during a hearing which took place at the House of Commons in London, where top executives of HSBC were present.
Saturday, February 14th 2015 - 06:23 UTC
Argentina's tax office demands HSBC Swiss branch repatriate of 3bn dollars in undeclared accounts

HSBC’s Swiss branch must repatriate the 3 billion dollars deposited in the 4,040 undeclared accounts held by Argentine citizens and companies, Argentina's AFIP tax bureau chief Ricardo Echegaray announced.
Thursday, February 12th 2015 - 05:34 UTC
UK's Customs request information on Argentina's criminal case against HSBC

Britain's HM Revenue and Customs (HMRC) department has requested Argentina’s AFIP tax bureau information on the criminal report filed in Buenos Aires against HSBC on allegations the bank helped more than 4,000 clients to evade taxes by stashing their money in secret Swiss bank accounts.
Tuesday, January 13th 2015 - 08:31 UTC
Argentina suspends HSBC from transferring money abroad for 30 days

Argentina said on Monday it was suspending HSBC Bank Argentina's right to transfer money abroad for 30 days due to “irregularities”, two months after charging it with helping clients evade taxes by siphoning their funds off to Switzerland.
Thursday, January 8th 2015 - 01:08 UTC
Authorities raid Buenos Aires HSBC accused of aiding tax evasion

Authorities on Wednesday conducted a court-ordered search of the Argentine headquarters of London-based bank HSBC, which faces allegations of aiding tax evasion, it was reported in Buenos Aires.
Tuesday, November 18th 2014 - 07:00 UTC
Argentina imposes even tougher controls on foreign trade and currencies

The Argentine government has strengthened its control over the expenditure and income of currency in foreign trade through the creation of the Tracking and Tracing of Foreign Trade Transactions Unit, responsible for monitoring “prices and quantities of exported and imported goods and services, as well as foreign currency income/expenditures.”