28/01/2013 | Argentina

CFK announces 20% rise of income tax floor

24/11/2012 | Argentina

Vidal: 'We are receiving a bankrupt subway and no funds whatsoever'

Buenos Aires City deputy mayor María Eugenia Vidal assured today that the hikes on tolls, petrol and high-end cars in the capital “will be lifted as soon as national government hands over the corresponding funds” for the subway service.

03/12/2012 | Argentina

Tax collection in November rises 28.3%

Tax collection in November rose a 28.3 percent in comparison to the same month last year and amounted $60,665 million, AFIP officials announced in a press conference.

28/12/2012 | Argentina

Echegaray designated for another term at AFIP

The national government renewed Ricardo Echegaray’s post as head of the AFIP tax agency, for a period of four more years.

12/09/2012 | Argentina

Echegaray: ‘People shouldn’t be afraid, we are only after taxes’

AFIP tax agency head Ricardo Echegaray ruled out today that the government measures restricting and taxing purchases made abroad have a ‘persecutory’ tone.

28/09/2012 | Argentina

Echegaray defends gov't's dollar policies

AFIP tax agency head Ricardo Echegaray played down today ongoing media accusations an alleged dollar clamp imposed by the government agency is being used for discriminatory means by saying “ there was no such a thing as a persecution.”

01/10/2012 | Argentina

Tax collection in September reaches $62.3 billion, AFIP

Tax collection in September reached 62.3 billion pesos, representing a 20.2 percent increase in comparison to the same month last year, the AFIP announced.

03/09/2012 | Argentina

Gov't makes official abroad purchases tax

Government made official that all debit card purchases abroad, including Internet transactions, will be charged with an additional 15 percent income tax advance, as the decree signed by the AFIP tax agency ruling the measure was published today at the Official Gazette.

03/09/2012 | Argentina

Tax revenue soars 29.2% in August

The tax revenue has climbed 29.2 percent in August against the volume registered during the same month in 2011, President Cristina Fernández de Kirchner announced.

04/09/2012 | Argentina

Gov’t rules out limits on credit card purchases abroad

AFIP’s Tax Agency head Ricardo Echegaray ruled out today the imposition of limits on credit card purchases abroad.

09/07/2012 | Argentina

Obama challenges GOP to keep tax cuts for middle class

US President Barack Obama called for a one-year extension of Bush-era tax cuts for families earning less than $250,000 a year, seeking to steer the election-year debate away from high unemployment and portray himself as a champion of ordinary US citizens.

02/08/2012 | Argentina

Tax revenue climbs 28.2% in July

President Cristina Fernández de Kirchner announced that the tax revenue has climbed 28.2 percent in July, reaching 61.317 billion pesos, year-on-year.

31/08/2012 | Argentina

Tax revenue climbs to $528,7 mln in July

The tax revenue reached $528.7 million pesos in July, in the midst of the Government strong investment to maintain the domestic market and the jobs, the Economy Ministry reported.

27/06/2012 | Argentina

CGT group to put forward income tax proposal to Gov't

A group of unionists within the CGT umbrella union that oppose Hugo Moyano predicted today that the national government will produce an improved tax rate for workers who pay income tax adding they plan to put forward an ‘intelligent proposal’ to the government regarding the matter.

27/06/2012 | Argentina

Income tax: Lower House fails to reach quorum

Opposition lawmakers did not manage to reach quorum today to begin a special session in which they were supposed to debate several bills related to the Income tax minimum floor, one of the issues that prompted today's national truck drivers' strike and march to Plaza de Mayo called by CGT's chief Hugo Moyano.

02/07/2012 | Argentina

Tax collection rises over 20% in June, AFIP reports

Tax collection rose 20.6 percent in June against the same month of 2011, reaching 58,684 million pesos, the AFIP tax agency reported on Monday.

31/05/2012 | Argentina

Farmers call strike as tax bill passed

Growers in Buenos Aires province will halt sales of grain and livestock for nine days to protest a tax-hike bill advancing in the provincial Congress, agricultural groups announced

02/06/2012 | Argentina

Farmers begin 9-day strike

Buenos Aires province farmers started a nine-day freeze on grains and cattle sales today  to protest against a tax hike and land reform sponsored by Governor Daniel Scioli.

04/06/2012 | Argentina

Tax revenue climbs 20.5% in May

The tax revenue soared 20.5 percent in May, reaching to 61.026 billion pesos compared to the volume registered in the same month last year, Treasury Secretary Juan Carlos Pezoa stated.

17/05/2012 | Argentina

Debate over BA province tax reform fails to reach agreement

The session that intended to debate the Buenos Aires province tax reform once again failed to gather to begin the discussion in the provincial Lower House after the ruling party failed to come to an agreement with the opposition.

28/05/2012 | Argentina

Gov't says no date set to increase income tax floor

After Labour vice-minister Noemí Rial announced on Monday that the income tax floor would be raised in “late June or early July,” other Government officials were forced to make a statement and warned that “these decisions are never unveiled before hand in order to avoid speculation or creating false expectations.”

31/05/2012 | Argentina

BA province Legislature passes land reform bill

The Buenos Aires province Senate ratified the changes made earlier by the Lower House and passed the land reform bill, which will to raise taxes on 38 percent of rural properties. The law is widely rejected by the farming sector.

03/04/2012 | Argentina

Tax collection rises 29.1% in March, AFIP reports

Tax collection rised 29.1 percent in March against the same month of 2011, reaching 48,363 million pesos, the head of AFIP tax agency Ricardo Echegaray reported.

03/05/2012 | Argentina

Tax revenue climbs 24.4% in April

The tax revenue climbed 24.4 percent and totalled $49.436 billion pesos in April compared to the volume registered in the same month last year, according to the AFIP revenue office.

13/05/2012 | Argentina

BA province farming producers call on new strike against tax reform

The Buenos Aires and La Pampa Rural Associations Confederation (CARBAP) and the Argentine Rural Society (SRA) called for a new halt in grain and cattle trading from Wednesday to Sunday in Buenos Aires province in protest of the provincial tax reform.

24/11/2011 | Argentina

City Legislature debates ABL property tax hike bill

The City Legislature was debating several bills laws including the 2012 Budget and an increase on the ABL property tax, with 31 lawmakers present.

25/11/2011 | Argentina

City Legislature passes ABL property tax substantial hike

City lawmakers passed the City’s budget for 2012 and a substantial hike (66 percent) of the ABL property tax, as well the reform of the Tax Code, at a marathon session at the Buenos Aires City Legislature that had started shortly before 8pm with 31 lawmakers present.

04/01/2012 | Argentina

Tax revenue for 2011 reaches 540B pesos, AFIP

Economy Minister Hernán Lorenzino informed that tax revenue increased 31.8 percent year-to-year in 2011, reaching 540 billion pesos. Afterwards, the head of AFIP tax agency reported it grew 28.2 percent in December.

01/06/2011 | Argentina

Tax collection in May reaches 50.64B pesos, revenue agency confirms

Tax collection reached an historical record in May with 50.64 billion, with a 28.3 percent increase in comparison with the same month of 2010, Finance Secretary Juan Carlos Pezoa and AFIP revenue agency head Ricardo Etchegaray confirmed, after President Cristina Fernández de Kirchner's announcement.

04/07/2011 | Argentina

Tax collection in June reached $48.6 billion, AFIP announces

The head of the AFIP tax revenue agency, Ricardo Echegaray and Treasury Secretary Juan Carlos Pezoa announced a record tax collection of $48.6 billion in June.

03/10/2011 | Argentina

Tax revenue increases 33.9%

Tax revenue registered a 33.9 percent increase in September compared to the volume reported in the same month last year, and reached to 47.729 billion pesos, according to the AFIP tax revenue agency.

02/02/2011 | Argentina

Tax revenue reaches $40.7b pesos in January

Tax revenue reached $40,7 billion pesos last January, which means a 40.5 percent increase when compared to the same month last year, AFIP head Ricardo Echegaray informed.

01/03/2011 | Argentina

AFIP raids grain companies’ offices suspected of tax evasion

The AFIP tax agency raided the offices of over one hundred grain companies suspected of being engaged in tax evading activities through “fronts” and "dummy corporations."

28/03/2011 | Argentina

CGT calls for 'urgent meeting' with CFK over income tax floor

The CGT labour confederation called for an “urgent meeting” with President Cristina Fernández de Kirchner in order to push for a rise in income tax floor, since almost 2 million workers are expected to pay for it due to recent salary hikes.

03/02/2013 | World

Obama: more tax revenue needed to address US deficit

President Barack Obama said more tax revenue would be needed to reduce the US deficit and signaled he would push hard to get rid of loopholes such as the "carried interest" tax break enjoyed by private equity and hedge fund managers.

09/02/2013 | World

Spain PM publishes tax returns amid corruption scandal

Spanish Prime Minister Mariano Rajoy made public his tax returns as he seeks to quell a corruption scandal that has gripped Spaniards and pushed up the country's borrowing costs.

02/11/2012 | World

Storm Sandy to cost New York state economy up to $18 bln

Temporary losses to New York state's economy from super storm Sandy could reach $18 billion, State Comptroller Thomas DiNapoli said.

05/11/2012 | World

Police seize assets in Italy fashion group tax probe

Italian police have seized assets worth 65 million euros ($83.5 million) in a tax probe involving the 5.3 billion euro sale of fashion houses Hugo Boss and Valentino in 2007.

29/12/2012 | World

Top French court rejects 75 percent upper tax rate

France's Constitutional Council rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make the rich contribute more to cutting the public deficit.

06/06/2012 | World

White House: Obama still opposes extending Bush-era tax cuts for rich

President Barack Obama continues to oppose extending Bush-era tax cuts for wealthier US citizens, the White House said today, shrugging off calls from some Democrats for a temporary extension to make more time for a deal on deficits.

26/06/2012 | World

Spain considers tax hikes to curb deficit, please EU

Spain is considering raising consumer, energy and property taxes, the government said, as it struggles to reduce a public deficit that may have already exceeded one of its budgeted ceilings for the full year.

13/09/2012 | World

Swiss parliament backs tax hike for wealthy foreigners

Switzerland will keep its special low-tax deals for wealthy foreigners such as music and sports celebrities but increase the amount of tax they pay following a vote by parliament which faced pressure to scrap the system.

21/12/2011 | World

US House Speaker Boehner stands firm in payroll tax cut fight

US House of Representatives Speaker John Boehner, in a telephone conversation with President Barack Obama, reiterated his chamber's opposition to a Senate-passed two-month extension of a payroll tax cut, a Boehner aide said.

24/01/2012 | World

Obama urges taxing rich, aiding housing in State of the Union

US President Barack Obama called for higher taxes on the rich and new remedies for the US mortgage crisis in a starkly populist State of the Union address aimed at convincing voters to give him a second term.

14/02/2012 | World

Geithner says Obama's plan will axe dozens of corporate tax breaks

US Treasury Secretary Tim Geithner today said the Obama Administration's plan to revamp the corporate tax system will cut "dozens and dozens" of tax breaks enjoyed by business, while keeping a limited number that focus on keeping jobs in the United States.

03/11/2011 | World

Sarkozy praises Argentina, Brazil for support of tax on financial transactions

French president Nicolas Sarkozy assured that both Brazil and Argentina said they were in favour of taxing financial transactions, although they admitted that several countries in the regional bloc strongly oppose it. 

22/11/2011 | World

Obama pushes payroll tax cut after debt panel fails

President Barack Obama will challenge the Congress to preserve an expiring payroll tax cut as he travels to New Hampshire to seize the initiative in the wake of a collapsed effort to reduce the nation's budget deficit.

03/12/2011 | World

Obama tries to pressure Republicans on tax cut

President Barack Obama sought to boost pressure on Republican lawmakers to back an extension of a tax cut for US workers that he views as vital to help the fragile economy.

02/07/2011 | World

Obama says ending tax breaks required to cut deficit

President Barack Obama pressed his case today for achieving deficit reduction, in part by ending tax breaks and singling out hedge fund managers, oil companies and billionaires to take the hit.

15/08/2011 | World

Buffett higher tax call in the US strikes a nerve

The 80-year-old "Oracle of Omaha," one of the world's three richest men, has taken to the pages of the New York Times to call for higher taxes -- yes, higher taxes -- for himself and his well-off peers.

17/09/2011 | World

Obama: Americans must pay fair share to cut deficit

President Barack Obama said that Americans need to be ready to "pay their fair share" to narrow the US deficit, previewing his proposals to Congress that are expected to include more taxes on the rich.

04/02/2011 | World

Italian president rejects Berlusconi's tax decree

Italian President Giorgio Napolitano refused to sign a key government decree to increase the taxation powers of local authorities, dealing a blow to embattled Prime Minister Silvio Berlusconi.

12/04/2011 | World

White House: Obama wants balanced approach on deficit

The White House signaled that President Barack Obama will discuss the role of taxes in reducing the US deficit in a Wednesday speech.

14/04/2011 | World

Obama: US must use tax code to help meet deficit targets

US President Barack Obama said the United States must use the tax code to help meet its targets for reducing the deficit and said that the wealthiest Americans must help achieve that goal.

04/09/2012 | Latin America

Chile's Congress approves tax reform to overhaul schools

Chile's Congress approved major changes in tax laws aimed to provide funds for an overhaul of the nation's protest-hit schools, handing unpopular President Sebastian Piñera a welcome victory a month from municipal elections.

13/09/2012 | Latin America

Brazil offers new round of tax relief to boost economy

Brazil rolled out additional stimulus measures to bolster its sluggish economy on Thursday, extending tax breaks to more than two dozen industries and reducing the cost of acquiring capital goods in a bid to help struggling local businesses.

30/10/2012 | Latin America

Mexico's Peña Nieto will back tax reform in first year

Mexico's president-elect, Enrique Peña Nieto, will present a tax reform bill during his first year in office, his top aide said on Tuesday, without providing any details on the plan

27/09/2011 | Latin America

Brazil deepens inflation fight as strikes spread

Brazil cut a gas tax and bank workers joined a growing wave of strikes over wages, underscoring price pressures in Latin America's biggest economy even as the central bank insisted inflation was under control.

06/11/2011 | Latin America

Uruguay blames Argentina over Sarkozy's 'tax haven' accusations

Opposition leaders in Uruguay accused Argentina of “exerting pressure inside the G20 and the Organisation for Economic Co-operation and Development (OECD)” so the neighbouring country would be labeled a “tax haven,” the Montevideo media said.

26/04/2012 | Latin America

Chile proposes tax reform to fund education overhaul

Chile's government proposed a sweeping tax reform that raises levies on companies to help fund an education overhaul, as it seeks to quell social protests ahead of local elections seen as a litmus test for the 2013 presidential race.

03/01/2013 | Entertainment

Putin gives tax exile Depardieu Russian citizenship

Russian President Vladimir Putin has granted citizenship to Gerard Depardieu, the French movie star who is quitting his homeland to avoid a tax hike on the rich, the Kremlin said.