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    Corona Virus May Hit Argentina Hard

    These 5000 deaths were with less than 1 in 1000 Italians infected. Imagine the impact if all get infected.
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    Taxis to the airport

    You can try https://www.taxiezeiza.com.ar
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    My guess, USA is on its way to lock down

    What would you expect? The government is coming with an economic stimulus package: - price controls - the government will pay part of the wages for critical sectors - the government will hand out loans - the government will start big public works I doubt this is what a country on the verge of...
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    The Government says that everyone over 65 should voluntarily isolate themselves

    And those under 65 are still allowed to transmit the virus? They should not pay a visit to their isolated family members of over 65 years?
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    Argentina's New Tax On Residents Global Wealth

    Is there a chance the supreme court of Argentina could rule that the law is unconstitutional, e.g. that it infringes on article 17 of the constitution? Artículo 17.- La propiedad es inviolable, y ningún habitante de la Nación puede ser privado de ella, sino en virtud de sentencia fundada en...
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    5 Americans rejected at the border yesterday

    As I understood from the discussion in this thread and the thread about the wealth tax, AFIP has the duty to tax what you earned in the US the same way as what you earned in Argentina and moved out of the country, but you can always appeal to a judge that this is not fair.
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    Argentina's New Tax On Residents Global Wealth

    The idea is brilliant. Argentines do not trust Argentine politicians, therefore send their money out of the country. So the politicians come up with the idea to punish these naughty Argentines by increasing the wealth tax. This will certainly restore trust and solve the capital flight.
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    5 Americans rejected at the border yesterday

    The article is wrong. The previous Belgian government introduced as a compromise a tax of 0,15% of holdings on stock accounts, but this tax was easy to avoid legally. One way was to take your stocks from your stock account and register them in the shareholder registry. Also the supreme court...
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    5 Americans rejected at the border yesterday

    That is not really a concern, because a stable company will be able to rise its prices in line with inflation and the stock price would inherently follow the inflation. If instead of stocks, you invest in bonds, yes you have the problem that in the current economic climate interests do not pay...
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    Argentina's New Tax On Residents Global Wealth

    There are people in the middle. The very rich will find ways to escape the taxes. The middle class will not have the means to and will be hit. The result is always more poverty, not less.
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    5 Americans rejected at the border yesterday

    Belgium never ever had a wealth tax! Taxing wealth is very controversial here and has so far always been blocked. Having a wealth tax is a wet dream of the socialists, but liberals and conservatives are against it and have refused to form governments that wanted to introduce such a tax. That...
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    5 Americans rejected at the border yesterday

    France does not have a wealth tax anymore, it has been replaced with a tax on real estate only starting from values above 800000 euro at 0,5% and the highest tax rate of 1,5% only for real estate holdings above 10 million euro. In Argentina, the max tax rate of 2,25% kicks in from only 300000...
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    How Argentina Embarked on the Road to Ruin

    We all know that INDEC posting high inflation numbers can be easily fixed ;-)
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    How to get paid for services?

    Is it an option to ask for cash?
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    Amazon Presses the Brake on Argie US$800MM Investment?

    Quote from the article: There is your reason. Since I was in Argentina until December and will go back at the end of this month, I was talking with a family member at the New Year's family gathering about his time as a director at Campina, a Dutch dairy producer. They had bought a dairy farm...
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    Vanishing Starbucks

    A lot changed since the article came out, like a new government, currency controls and higher taxes. Starbucks may have changed plans because of a different economic perspective.
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    Thoughts on Fernandez, IMF, Morales, and Argentine politics?

    I do not see how the IMF or the US would be at fault, but the Argentine government would see a clear link (for not having to blame themselves). I am confident that supporters of the current government like Bajo will gladly confirm it is all the fault of the IMF, the US and their "neo nazi...
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    Solidarity Tax on 5% Net Dividends

    Imagine in a country far far away from Argentina, you save for retirement. Because interest rates on savings are about 0%, you invest in stocks, which pay you a modest dividend. You invest in stocks with an above average gross dividend yield of 3%. After paying taxes, you keep about 2% net...
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    Banco Nacion At Ezeiza - No Longer Buying Pesos

    Last month, I got my first 5 and 10 pesos coins, this must imply the notes will go out of circulation.
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    Thoughts on Fernandez, IMF, Morales, and Argentine politics?

    I think at least one can see a trend where Argentina will isolate itself again from the rest of the world. Expect no foreign investment, foreign companies have already left. Anything that is imported will cost at least 3 times more than elsewhere. Inflation will become hyperinflation. It...
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