Argentina: Buying dollars just got a lot tougher

posted by
October 31, 2011
USA Today    
Posted in News

"Argentina launched a new crackdown on capital flight, tax evasion and money laundering on Monday, requiring people buying dollars to first prove they're up to date on their taxes. Flexing its enforcement power only days after winning re-election by a landslide, the government says that anyone trading Argentine pesos for foreign currencies must first show where they got the money, based on wealth or income previously declared to the tax agency." (10/31/11)  

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