Argentina's 'Inocencia Fiscal II' bill would let people formalize hidden savings, and the government now wants to bar officials from it to win the votes to pass it.
Argentina · Policy
Key Facts
—The bill ‘Inocencia Fiscal II’ would expand a simplified regime letting Argentines formalize undeclared savings.
—The twist On August 11, the government moved to exclude public officials from the plan’s main benefits.
—Why Lawmakers objected to letting officials profit, and the government needs their votes to pass it.
The initiative aims to settle concerns raised by tax experts after the initial bill passed in December saw limited enrollment
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