Argentina to Sign FATCA Tax Deal With US Within 2 Weeks: Massa

Argentina will sign an agreement with the United States within two weeks to exchange taxpayer information through the FATCA database, Economy Minister Sergio Massa told business leaders in Buenos Aires.

• 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
• On the country’s IMF plan, Massa said Argentina will comply with all the key criteria targets
• Massa said inflation must come down or economic uncertainty would never cede
• Massa criticized business leaders calling for a currency devaluation, saying they’re only “destroying” the value ...