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Afip

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What if I told you this imposing building, the AFIP headquarters, once held the keys to Argentina’s financial system? Here at 370 Avenida Hipólito Yrigoyen in Buenos Aires, the Administración Federal de Ingresos Públicos, or AFIP, oversaw the nation’s taxes. The AFIP, established on October 19, 1996, played a crucial role in Argentina’s economy for decades. It was responsible for collecting national taxes and managing social security resources. The sheer scale of this building speaks to the vastness of its operations. Imagine thousands of employees bustling through these halls, processing tax forms and ensuring the financial gears of Argentina kept turning. In 2017, the AFIP even made a deal with the U.S. Internal Revenue Service to share information, highlighting its international reach. However, the AFIP’s story took a dramatic turn. In October 2024, the government of Javier Milei announced its dissolution. The agency that once held such power ceased to exist. Its functions were not transferred to another entity, but a new organization, the Agencia de Recaudaciόn y Control Aduanero (ARCA), was created. This building, once the heart of the AFIP, now stands as a monument to a bygone era in Argentine financial history.

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