The Minister of Economy, Sergio Massaannounced that within 30 days the CUIT will be suspended for exporting companies that have not liquidated the dollars and their directors for foreign currency evasion for up to US$3.700 million.
“We aspire that those who evaded their obligation with the Argentine Central Bank for US$3.7 billion become commercially unskilled people because they harm the Argentine economy, the people who work and the Argentine currency,” Massa remarked. when announcing the Export Increase Program..
The minister said that this measure is focused on “Those who don’t, don’t play fair as we want these exporting sectors to play.”
“Unfortunately, in the Argentine export settlement system, each one of you has a term of 180 days, and there are many who make the effort, accumulate reserves, bring what is produced by Argentine work, help in programming the policy of strengthening reserves while the effort that the vast majority of you here make today is blurred by others who speculate and who cheat the State,” the minister stressed.
Massa assured that “In that case we are going to be very tough, we are going to activate a mechanism for suspending the CUIT after the deadlines established in the decree have expired”, although it added a deadline for them to comply with current regulations. “They hurt not only Argentine companies and the economies that work, produce and export, but also the credibility and strength of the Argentine currency,” he said.
“We are also going to promote, within the same measure, not only the reduction of the CUIT of each of these companies and their directors, but also the impossibility of accessing the exchange market for all these companies. We give them 30 days to just do what the law tells you to do,” he said.
Source: Ambito