Máximo Kirchner proposed a new tax to restrict capital transfers abroad

Máximo Kirchner proposed a new tax to restrict capital transfers abroad
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Kirchnerism proposes to distribute 60% of the expropriated assets among provinces and municipalities

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The remaining 40% would be divided equally: 10% for health and disability, 10% for education, 10% for pensions and retirements, and another 10% for medications and medical care from PAMI


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The national deputy and son of the convicted Cristina Kirchner, Máximo Kirchner, presented a project to create the International Capital Transfers Tax (ITIC), a new levy aimed at operations involving the effective outflow of capital from Argentina, which would have a general rate of 3%

The confiscatory proposal includes transfers made through currencies, negotiable securities, or virtual assets, both directly and indirectly. In cases where funds are sent to jurisdictions considered to have low or no taxation, the project includes an additional two percentage points, bringing the total burden to 5%

In parallel, Máximo Kirchner will face his first trial for money laundering alongside his mother
In parallel, Máximo Kirchner will face his first trial for money laundering alongside his mother

According to the proposal released by the member of La Cámpora, his intention is for the tax to apply to individuals, companies, undivided estates, trusts, foundations, and other similar structures, both residents and non-residents

The project also establishes a specific allocation for the resources obtained. 60% would be allocated to provinces and municipalities, theoretically for health, education, hospital infrastructure, housing, road works, and salary adjustments in health and education

Máximo Kirchner will go to trial for the Los Sauces case

In parallel to the presentation of the new tax, Máximo Kirchner is preparing to face his first oral trial, scheduled to begin on October 23 in the context of the Los Sauces case. The national deputy will be tried alongside his mother, Cristina Kirchner, and prominent figures of corruption such as Lázaro Báez, Cristóbal López, and Fabián De Sousa

Cristina Kichner and her son will have to account to justice
Cristina Kichner and her son will have to account to justice

The accusation investigates alleged money laundering maneuvers and organized crime linked to the real estate businesses of the Kirchner family. According to the hypothesis that will go to trial, companies related to Báez and the Indalo Group would have made payments for the rental of properties belonging to Los Sauces S.A., a company owned by the Kirchner family

The debate will be overseen by the Federal Oral Court No. 5. Additionally, Máximo Kirchner is also charged in the Hotesur case, whose trial was initially set for March 2027, although the Prosecutor's Office requested that both processes be reprocessed together starting in October