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The easiest way is to pay in dollars and advise them to not use the Government rate/bank rate to convert. There is a market rate and government rate - and there
by rootsudo 4y ago
The easiest way is to pay in dollars and advise them to not use the Government rate/bank rate to convert. There is a market rate and government rate - and there are services that will just pay out in Dollars in those countries.
Also, cryptocurrency. Ironically enough.
- ivanmontillam 4y agoExactly, but do you realize that's tax evasion in Argentina? By law[0], all foreign income must be converted into ARS (Argentinian Peso) using the Government rate/bank rate. And yes, I meant "tax evasion", not "tax avoidance". "Tax evasion" the illegal version of the topic. -- [0]: https://maxifirtman.medium.com/gu%C3%ADa-definitiva-para-cobrar-d%C3%B3lares-por-trabajos-del-exterior-en-argentina-impuestos-y-1d8ad2683c85 https://maxifirtman.medium.com/gu%C3%ADa-definitiva-para-cob... (in Spanish)
- nomdep 4y agoHowever the employees choose to convert their dollar salaries is their responsibility, not the employer's
- ivanmontillam 4y agoSo, it's not the employer's responsibility to comply with the law? :-)