[HN Gopher] US, Argentina agree to exchange country-by-country r...
       ___________________________________________________________________
        
       US, Argentina agree to exchange country-by-country reports on
       multinationals
        
       Author : clcuc
       Score  : 43 points
       Date   : 2021-01-31 20:17 UTC (2 hours ago)
        
 (HTM) web link (mnetax.com)
 (TXT) w3m dump (mnetax.com)
        
       | clcuc wrote:
       | As others have pointed out, it looks like the server is under
       | load. Here are some related links:
       | 
       | [0]: https://www.irs.gov/businesses/country-by-country-
       | reporting-...
       | 
       | [1]: https://argentinaeconomica.net/2021/01/29/us-argentina-
       | agree...
       | 
       | [2]: https://www.baenegocios.com/economia/AFIP-firma-convenio-
       | cla...
       | 
       | [3]: https://www.ambito.com/afip/pone-el-foco-multinacionales-
       | est...
        
       | nip180 wrote:
       | It's worth saying Boise Aries is a top 5 city in the Americas by
       | population, and has a long history of being very immigrant
       | friendly.
       | 
       | I wonder if there was some tax evasion happening...
        
         | [deleted]
        
         | ficklepickle wrote:
         | *Buenos Aires
         | 
         | No Idaho involved ;)
        
         | vinay427 wrote:
         | > Boise Aries is a top 5 city in the Americas
         | 
         | Not to be confused with the far less populous and less famously
         | immigrant-friendly Boise.
         | 
         | On a more serious note, I'm curious what connection you see
         | between immigration and tax evasion. Is Buenos Aires known for
         | certain kinds of immigration?
        
           | baybal2 wrote:
           | Does immigration to South America is still a thing at all?
           | For people besides Latinos.
           | 
           | South American countries seem to have had so many false
           | starts. The moment they have a few decades good run, and it
           | seem the country is finally starting to take off they either
           | have a revolution, putsch, junta, or a communist government.
        
           | nostromo wrote:
           | I'm guessing you haven't actually been to Boise?
           | 
           | It has a huge immigrant population. Lots of Latinos, but also
           | folks from all over Asia and Europe to work at Micron. It
           | also has an ever-growing number of Californian expats.
        
             | vinay427 wrote:
             | Yes, I wasn't presuming otherwise, which is why I specified
             | "less famously immigrant-friendly" instead of "less
             | immigrant-friendly." I simply haven't heard as much about
             | the immigration there even though I'm American, probably
             | because Buenos Aires is a much larger city.
             | 
             | EDIT: Also, in case my "on a more serious note" didn't make
             | it explicitly clear, that entire sentence about Boise was a
             | joke.
             | 
             | EDIT 2: I might as well add that I looked this up [1], and
             | Boise ranks 175th in immigration as a percentage of the
             | metropolitan population or 101st as a percentage of cities,
             | just among metropolitan areas (MSAs) or cities in the US.
             | That's not exactly a "huge immigrant population" by my
             | account.
             | 
             | [1] https://www.migrationpolicy.org/programs/data-
             | hub/charts/us-...
        
             | klyrs wrote:
             | I've spent a fair bit of time in Boise, as I have family
             | there. The truth is more complicated than a word. The
             | "city" is friendly in terms of favorable policies; the
             | people who live there aren't uniformly friendly to
             | immigrants. In the late 90s, my cousin was upset that his
             | high school banned (iirc) jackboots and cuffed jeans, until
             | he learned that the style he'd unwittingly adopted was
             | equivalent to skinhead gang colors; the ban was a result of
             | actual skinheads popularizing the style. Then, last June,
             | the literal nazis marching downtown. Granted, it's much
             | worse in Coeur D'Alene.
        
       | slater wrote:
       | Server seems like it didn't appreciate the HN hug; here's the web
       | archive:
       | 
       | https://web.archive.org/web/20210131202023/https://mnetax.co...
        
         | OnlyOneCannolo wrote:
         | This is the whole article:
         | 
         | > The US and Argentina have signed a competent authority
         | agreement to exchange country-by-country reports describing
         | aspects of the tax affairs of large multinational groups, the
         | US IRS announced today.
         | 
         | > The aim of the exchange is to allow country tax authorities
         | better insight into the activities of the multinational and
         | it's into its tax liabilities and payments. The reports help
         | tax authorities determine if there is a risk that the
         | multinational is avoiding tax through inappropriate transfer
         | pricing or through other means.
         | 
         | > The text of the US-Argentina competent authority agreement is
         | not yet available.
        
       | stuaxo wrote:
       | This data should be shared by all countries on an open basis.
        
       | sbassi wrote:
       | link broken (under load now). Here is another article about the
       | same issue, but with more details, but in Spanish:
       | https://www.ambito.com/afip/pone-el-foco-multinacionales-est...
        
       ___________________________________________________________________
       (page generated 2021-01-31 23:00 UTC)