AP/
The offices of 48 agribusinesses, including Cargill and Bunge, have been raided by 740 federal agents.
They are searching for info on millions in profits hidden in shell companies and by suspicious transactions.
Fernandez criticized the industry before Congress and wants new penalties "so that evaders go to jail".
She claims that farmers and ranchers provided just 2.8% of tax revenues last year -- about equal to private schools.
"Either they're charging very expensive tuition, or there's evasion in the main sector of our economy that needs to be tackled," Fernandez said.
MORE DETAILS: AP: On Cristina's Congressional address:
Besides jailing tax evaders, Fernandez wants tougher money laundering laws and limits to foreign ownership of land. She also said there was no truth that she would try to change the constitution to eliminate presidential term limits. "Don't have fear. Nobody is forever".
http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D9LMKI5O0
Popular Posts
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- CUBA: Food Processing Limitations Cause Waste.
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- ARGENTINA: Reciprocity Tourist Tax Begins.
- Profile of a Cuban Spy
- VENEZUELA: Higher Oil Prices Fuel Q1 Growth To 4.5%...Best Since 2008.