On October 7, 2016, the Argentine Tax Authorities (AFIP) issued
Resolution No. 3943 (the "Resolution"), that partially
modifies Resolutions No. 3919 and 3920 which regulate the Tax
Amnesty Regime established by Law No. 27260.
First, the Resolution conforms to Article 10 of Resolution No.
3919 that regulates the case of individuals who have currency or
bonds held overseas and decide to apply to the Tax Amnesty Regime.
For this purpose, they have to disclose their deposit in financial
entities, safe-keeping agencies, or any other stock holders from
overseas. They also have to prove the deposits, registration or
possession under the name of the spouse, parent or third party with
the applicable documentation filed with AFIP.
