Argentina, US to Exchange Tax Information After Concerns Solved

The IRS has confirmed Argentina meets cybersecurity requirements to begin automatic information exchanges with the US in September, according to Argentina’s tax authority.

Argentina has been working on meeting requirements to enable the first exchange of taxpayer information under the Foreign Account Tax Compliance Act system since signing an agreement with the US in 2022, the Administracion Federal de Ingresos Publicos said in a statement Monday.

• At the time, Argentina’s then-economy minister said the program would help punish tax evaders and encourage taxpayers to declare holdings abroad with the AFIP.
• The head of the AFIP last month met with ...