South American state to dissolve tax authority
The Argentine government plans to replace the current agency with a new one and slash jobs by a third
Argentina’s government has announced plans to dissolve the country’s tax bureau and replace it with a new “simplified” agency. Staffing will be reduced by just over a third in the process of the restructuring.
According to a statement released by the government on Monday, the Federal Administration of Public Income (AFIP) will be renamed as the Customs Revenue and Control Agency. Over 3,000 positions within the dissolved agency will be eliminated in an effort to reduce “inefficient structures.”
Around 45% of the senior-level positions will be eliminated, while lower-level staffing will be reduced by 31%. This is projected to generate annual savings of around 6.4 billion pesos (around $6.6 million), according to government estimates.
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