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Argentina Extends Tax Amnesty Deadline for Cash Holdings Disclosure

|Approved Changes|Argentina
Argentina

On 21 October 2016, General Resolution 3947 was published in Argentina's Official Gazette. The Resolution extends the deadline from 31 October 2016 to 21 November 2016 for the deposit of disclosed holdings of domestic or foreign currency in cash under the voluntary disclosure program ({News-2016-07-27/A/2- previous coverage}). For the benefits of the program to apply, the amount must remain deposited in the name of the holder for a period of six months or until 31 March 2017, whichever is gr…