Argentina's cash-strapped government will target some $100 billion in savings held in U.S. bank accounts, in an effort to tax the undeclared funds while boosting central bank reserves, part of a tax deal inked with the United States on Monday. The effort is part of a financial information exchange agreement that will allow Buenos Aires and Washington to automatically receive data on bank accounts held by their citizens in both countries.
Kalkine : How much Argentina targets in offshore savings with the US tax deal? | Kalkine Media
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