The body led by Carlos Castagneto searches for the true members of companies and trusts, to reach the real beneficiaries of the profits and avoid evasion maneuvers.
The Federal Administration of Public Revenues (AFIP) detected inconsistencies by $109,084 million in accounts of Argentines abroad, after discovering income obtained by those taxpayers that differ from what was presented in their affidavits.
The body led by Carlos Castagneto In June, information exchanges with foreign tax administrations increased by 30%, as a result of the tax information exchange agreements already signed.
On the other hand, strong actions are being carried out to identify the true members of the companies and trusts in order to reach the real beneficiaries of the profits from these entities and avoid evasion maneuvers by declaring false data. For this reason, the agency carries out a campaign to detect non-compliance.
The AFIP has been implementing controls to ensure proper compliance with the different regimes Informational information to which companies that operate large volumes abroad with tax havens and large related economic groups are obliged.
Meanwhile, through the crossing of foreign trade operations with sworn statements and financial data, it is intended to detect inconsistencies and adjustments in the income tax originating in transfer prices.
The objective of the organization is to prevent and/or dissolve the maneuvers used by large business organizations and subjects to evade taxes, as well as to identify operations that constitute sources of risk that make abusive tax competition worldwide.
Source: Ambito
