The Argentine government slapped Prometeon with a US$20 million fine on Thursday for over-declaring the value of its imports by that sum. According to an investigation by Argentina’s tax and …
Category: Industry
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BusinessIndustryMining
Argentina’s only sodium carbonate producer, Alpat, expands to join lithium chain
The company Alcalis de la Patagonia (Alpat), the only producer of sodium carbonate in South America, has launched an investment plan of US$250 million. Located in Río Negro, the company …
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BusinessDollar & PesoIndustry
Tighter controls on import maneuvers: corporate fines top US$1 billion
The Economy Ministry, led by Sergio Massa, issued fines of more than US$1 billion in just one semester for maneuvers in foreign trade, both for over-invoicing and under-invoicing of exports. …
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The Economy Ministry, headed by Sergio Massa, has moved forward with the elimination of a benefit that lithium exporting companies in Argentina used to enjoy. Starting this year, mining companies …
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BusinessDollar & PesoIndustry
Import system adjustment aims to accelerate companies’ use of their own dollars
The government is monitoring imports through meetings of the SIRA system committee and conversations with business chambers. The end goal: “managing” the shortage of dollars and preventing the lack of …