How cereal exporters fleece Argentina
We don't have time to do this story justice, for time reasons today, but it describes a presentation to Congress about how cereals companies have been skipping taxes -- 500 of them in the past year, it seems, declared no taxable profits at all. Large multinationals are involved, and a lot of the skulduggery - at least some of which appears to involve transfer pricing - involves the nearby secrecy jurisdiction of Uruguay. Convictions of officials involved are due.
More details are here, with English web translation here.
We hope to provide a less breathless, more considered summary soon. (Thanks to Frederico Arenoso.)