Wealthy Argentinians fear new president’s aggressive tax policies
17 December 2019 - 15:51
Buenos Aires — Franco Reinson has never been busier, fielding calls and holding meetings in his office in downtown Buenos Aires. The wealth adviser can thank President Alberto Fernandez, who is making rich Argentinians very nervous.
“They’re afraid that the new government will be aggressive with its tax policies,” said Reinson, the chief accounting officer at Amicorp’s local subsidiary, which specialises in organising and administering trusts that have surged in popularity. Most of the firm’s clients have just one request: help them protect the savings they have stashed overseas...
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