The Government will submit to Congress the amendments to the Small Taxpayers’ scheme, which raises the fee to be paid by taxpayers from 114.75 to 213 Argentine pesos a month for the minimum category, and from 586.75 to 2880 per month for the maximum one.

The AFIP conducted a joint operation in clubs and nautical nurseries across the country in which it was found that 42 percent of the boats were not properly declared.

After several days plagued by rumors, it was confirmed that the Secretary of Agriculture, Carlos Cheppi, resigned. The post will be taken up by Julian Dominguez, PJ Deputy of the Metropolitan area who would assume from Friday.

An Argentine scheme aimed at kick-starting the economy by luring home offshore assets and boosting tax revenue brought in 32 billion pesos (US$8.3 billion)

The president of AFA, Julio Grondona, held a meeting with the holder of AFIP and said that “currently there is no football”, while Echegaray said that clubs “must regularize debts with AFIP”.

Echegaray explained that “Based on VAT, Income or Assets position, a limit will be set to each taxpayer”