Article by Javier E. Ayuso (Partner, Bruchou,
Fernandez Madero & Lombardi) and Carl O'Shea (Partner,
Hatstone Lawyers/Hatstone Abogados)
Abstract
Javier Ayuso and Carl O'Shea consider Argentina's new
white list and what this means for Argentinean clients and their
advisers and whether it will create any new opportunities for
jurisdictions such as Jersey and Panama.
Introduction
After more than a decade of fighting against international
financial centres (popularly referred to as "tax havens"
by governments and the media), mainly through the imposition of the
adverse discriminatory treatment of Argentine residents making use
of offshores structures and vehicles from jurisdictions set out in
a lengthy list,1 Argentina has recently enacted a
liberal white list based predominately on the existence of tax
information exchange mechanisms in place or being
negotiated.2
