According to the agency, the amount evaded is around $30 million, for Earnings and Personal Assets, to which the corresponding interest and penalties must be added. The evader had laundered only one account abroad in 2016before these 3 were found undeclared, and for this reason you will lose all the benefits of Fiscal Honesty with the large fines that this implies.
The Argentine did not pay the “Solidarity and Extraordinary Contribution to help moderate the effects of the pandemic”so that would total an adjustment of about $10 millionaccording to preliminary calculations by the body led by Carlos Castagneto.
Notifications have been sent in recent weeks to some 2,500 taxpayers with accounts abroad without declaringand it is commented that those who do not comply could suffer the same fate as this case.
In this sense, official sources indicated that AFIP continues to analyze the information received in the framework of the Multilateral Agreement between Competent Authorities for the automatic exchange of information related to financial accounts abroad.
This mechanism works according to the rules of the Common Reporting Standard (CRS) elaborated by the Organization for Economic Cooperation and Development (OECD) and applies between more than 100 countries. Argentina seeks to consolidate a bilateral agreement with the United States on this matter to facilitate the exchange of tax information. In his penultimate tour of the United States, the Minister of Economy, Serge Massareported progress in negotiations with the country’s tax agency, the Internal Revenue Service (IRS).
The tax tasksAlization and control in this matter pursue a dual purpose: Strengthen tax revenues and increase the perception of risk in the segments of the population with greater purchasing power, so that they pay their fair share.
Source: Ambito
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