Among the maneuvers, underinvoicing and triangulation operations in grain exports stand out, as well as tricks to reduce the payment of Profitsthrough loans granted to a Uruguayan subsidiary that were made by a company in the meat sector.
There were also unclear handling of transfer prices, that is, the values with which they are invoiced in the operations carried out between the different subsidiaries of the multinationals. The improvement in the results obtained in terms of transfer prices by the AFIP, have so far recovered $4,100 million, as a result of the correct control of this type of situation and maneuvers.
What are the AFIP changes for the control of irregular operations
This process is due to the policies implemented since Mercedes Marcó del Pont sen took charge of the AFIP. All kinds of updated technical and legal tools were incorporated to carry out the task.
Among the innovations and changes implemented in the last two years, the requirements for supporting documentation on services provided between companies of the same group stand out. In addition, there were induction and summons campaigns that covered to more than 5000 contributors for non-compliances related to the international operations information regime, country-by-country report and registration of related subjects, with the consequent initiation of formal summaries and the effective application of more than 500 fines.
Transfer pricing audits are added to the controls carried out on more than 1,500 Argentine offshore entities exposed with the so-called Pandora Papers, to the exploitation of information on financial accounts of Argentines abroad received by the AFIP from more than 90 countries and the 14,000 non-face-to-face verifications and controls carried out through based on information from different databases that allowed detecting inconsistencies in tax compliance.
The organization also advances with the claims and investigations on people with assets greater than 200 million pesos reached by the Solidarity and Extraordinary Contribution who did not comply with their obligations.
Source: Ambito
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