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Massa Announces Plan To Sign FATCA Tax Deal With US

ARGENTINA
  • Argentina will sign an agreement with the United States within two weeks to exchange taxpayer information through the FATCA database. (BBG)
  • Massa said the purpose of program is to punish Argentines who evade local taxes and encourage them to declare their holdings abroad with local tax authority AFIP.
  • Additionally, Argentina is to create new savings instruments in the coming months.

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