Argentina Overhauls Tax Collection Agency in Bold Cost-Cutting Move

INSUBCONTINENT EXCLUSIVE:
The Argentine government has taken a decisive step to streamline its tax collection system
On Monday, officials announced the dissolution of the Federal Administration of Public Revenue (AFIP)
This long-standing institution will be replaced by a new entity called the Revenue and Customs Control Agency.The government spokesperson,
Manuel Adorni, shared this news during a press conference at the Casa Rosada
He explained that the new agency would have a simplified structure
significant staff reductions
Additionally, 31% of lower-ranking positions will be eliminated
In total, 34% of public positions within the agency will be removed.Argentina Overhauls Tax Collection Agency in Bold Cost-Cutting Move
(Photo Internet reproduction)Furthermore, about 3,100 employees who joined during the previous administration will be reassigned or placed
on standby
These staff changes are expected to result in substantial savings
Adorni estimated an annual budget reduction of 6.4 billion pesos ($6.5 million).The reorganization also targets high-level compensation
Previously, the AFIP head and directors received significant monthly bonuses
Under the new structure, these officials will earn salaries comparable to ministers and state secretaries.Argentina Overhauls Tax Collection
Agency in Bold Cost-Cutting MoveAdorni also announced new appointments for key positions within the agency
New heads will lead the General Tax Directorate and the General Customs Directorate
These departments will now operate under the newly formed Revenue and Customs Control Agency.This bold move by the Argentine government aims
to create a more efficient and cost-effective tax collection system
It reflects a broader strategy to streamline public administration and reduce government expenditure
The impact of these changes on tax collection and public service delivery remains to be seen.