The Federal Public Revenue Administration (AFIP) announced that Banks and other financial and exchange institutions should not ask clients who want to enter into money laundering tax returns that they have submitted to the tax authority.
The agency's decision is intended to facilitate the processing of special accounts to enter the program called Tax Amnesty, for which banks have until now required the presentation of a sworn statement.
The measure, which It will be implemented through General Resolution 3952, which will be published on Friday (04.11.2016) in the Official Gazette, provides greater confidentiality and security to the relationship between the taxpayer and the treasury.
Are excepting registered professionals whose activities are regulated by professional councils of economic sciences, such as public accountants.
The regulations apply to all entities that are required to issue Suspicious Transaction Reports (ROS) to the Financial Information Unit (UIF).
It covers credit card operators, public notaries, agents and stockbrokers, public property and real estate registries and those engaged in the purchase and sale of vehicles, among other activities.
Financial institutions, insurance companies, cash transport companies, private couriers, art purchase and sale operators, customs agents and public administration bodies will also not be able to request sworn declarations from their clients.
The AFIP recalled that the Penal Code sets penalties of up to 4 years in prison for those who divulge confidential information, as is the case with tax returns.
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