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The Government of Argentina prepares a project to regularize undeclared capital

The Argentine Government will send a bill to Congress so that financial assets, properties, holdings in foreign currency and other assets that are in the country or abroad are regularized before the treasury.

The measure establishes a simplified regime for holdings of local or foreign currency.

The project is called Externalization of Argentine savings to support compliance and cancellation of the debt with the International Monetary Fund, according to the draft accessed . . .

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