ARGENTINA’S TAX DEPARTMENT STRIPS PROCTER & GAMBLE LICENSE

ARGENTINA’S TAX DEPARTMENT STRIPS PROCTER & GAMBLE LICENSE

Corporate Tax | Management
Approximately 500 American companies operate in Argentina—but on November 3 that number abruptly decreased by one as the country’s tax authority, the Administración Federal de Ingresos Públicos (AFIP) revoked the company’s registration, accusing P&G of tax and accounting fraud.