Tuesday, August 9, 2016 AFIP: no point in hiding from whitewashTax bureau chief says databases from dollar futures, real estate transactions reveal evadersThe AFIP tax bureau is already looking at databases from dollar future sales, real estate transactions and banking movements in order to impress on taxpayers that they need to sign up to the government’s whitewash programme, officials said yesterday. Outside Argentina tooYesterday’s press conference also detailed how AFIP officials have been contacting real estate brokers outside the country in order to also detect inconsistencies in foreign jurisdictions. “We launched information requests for 2200 properties in the United States, Uruguay, Brazil and Chile,” another AFIP official said. According to Abad, his team will be looking into “national and international conduct” of Argentine contributors during the whitewash window, which lasts until March 2017. Bond launchPrat-Gay also launched one of the two bond issues in which contributors will be able to purchase when participating with the whitewash.

Source: Bueno Aires Herald August 09, 2016 05:43 UTC