Argentina Sues Traders Over Tax

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laresThu 02/06/11 21:44		"he world's four largest grain traders, responsible for the vast majority of global corn, soya and wheat trading and processing, have been accused of large-scale tax evasion in a landmark series of cases being brought against them by the Argentinian government. In an interview with the Guardian, Ricardo Echegaray, the head of Afip, the country's revenue and customs service, has given a detailed account of the charges his department is bringing against ADM, Bunge, Cargill and Dreyfus. "These companies have gone into criminality," Echegaray said. "2008 was when agricultural commodities prices spiked and was the best year for them in prices, yet we could see that the companies with the biggest sales showed very little profit in this country."" "He said he had evidence from his detailed inquiry that all four traders had submitted false declarations of sales and routed profits through tax havens or their headquarters, in contravention of Argentinian tax law." http://1sq.me/jMZC5m How ironic. Just as the world is waking up to this type of tax evasion, our government aims to legalise it.
ck_startsagainThu 02/06/11 23:03		quoting > "Just as the world is waking up to this type of tax evasion, our government aims to legalise it." Say what now?!?! Please direct me to somewhere I can read up on this atrocious decision and be further outraged!
laresThu 02/06/11 23:15		quoting > "Please direct me" http://1sq.me/iO7wDw
laresFri 03/06/11 23:40		quoting > " and be further outraged!" I trust you are suitably outraged now?
ck_startsagainFri 03/06/11 23:47		Gobsmacked.... no, actually I'm not. It had Tory ethos all over it as I was reading that so at no point did I feel at all surprised. They really need to be crucified, metaphorically speaking or otherwise.... I'm good either way!

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