What recent action has President Javier Milei taken regarding Argentina's tax agency?

President Javier Milei announced that he will eliminate AFIP, Argentina's current tax enforcement agency, and replace it with a smaller, simpler organization, reducing over a third of its current structure.

Why is President Javier Milei reducing the size of the Argentine government?

Javier Milei aims to reduce the size of the state as part of his economic reforms, including cutting down the tax enforcement agency to create a more streamlined government structure.

What are the potential implications of replacing AFIP with a smaller agency in Argentina?

Replacing AFIP with a smaller agency could lead to changes in tax enforcement efficiency, government size, and fiscal policy, aligning with Milei's broader goal of reducing state intervention.

‘Deep Chainsaw’ Sinks Deeper As Milei Axes Tax Enforcer In Argentina

Bitcoin TradingAugust 29, 2026

‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina

President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller agency, eliminating over a third of the institution’s current structural organization. President Javier Milei Announces […]

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