{"id":238540,"date":"2022-10-20T07:36:19","date_gmt":"2022-10-20T12:36:19","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=238540"},"modified":"2022-10-20T13:08:10","modified_gmt":"2022-10-20T18:08:10","slug":"casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/","title":{"rendered":"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment"},"content":{"rendered":"

A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction equipment in lieu of money.<\/p>\n

\"Dynapac
A Dynapac road compactor sits inside a quarry. A casino operator in Argentina wants to exchange a similar product for its tax liabilities. (Image: YouTube)<\/figcaption><\/figure>\n

In late September, Casinos de Misiones, a company with gaming properties across Argentina, thought it would approach tax collection from a different angle. It offered the municipality of Leandro N. Alem a “self-propelled asphalt compactor” in exchange for not paying taxes for eight years.<\/p>\n

It’s likely that the tactic would have never reached the public’s eyes, except that it became a matter of public record. The government followed protocol, exploring the legal and regulatory avenues it has available, according to media outlet Revista Enterate<\/em>.<\/p>\n

Roads Not Paved with Gold<\/h2>\n

Casinos de Misiones sent the letter to Leandro N. Alem Mayor Waldemar Wolenberg on September 26. In it, the company offers a “Dynapac self-propelled, vibrating road roller with a smooth drum” in exchange for a tax break.<\/p>\n

\n

The agreement that the casino intended to make with the municipality is an advance payment of municipal fees for the next eight years. In other words, the municipality couldn’t collect any type of taxes or fees from the casino until 2031.<\/p>\n<\/div>\n

It isn’t clear in the letter if the machinery is new or used, making it difficult to ascertain its value. However, the company is confident it’s worth enough to cover any tax liability until after the new decade.<\/p>\n

City council officials discussed the proposal in a recent session. They then forwarded it to Leandro N. Alem’s Ways and Means Committee for further analysis.<\/p>\n

At each stop along the route, city representatives reached the same conclusion. The proposal isn’t feasible, since the municipality doesn’t have the legal authority to charge fees in advance.<\/strong><\/p>\n

In addition, they rejected the offer for the volatility of the currency exchange rate in the country and the constant rise in inflation. It would have been a huge coup for the company if the city had accepted, but the house didn’t win this time.<\/p>\n

Rare and Crazy Scheme<\/h2>\n

City representatives said it’s “rare” that a casino business would offer road machinery in exchange for a break on future taxes. The situation would be different if it owed taxes that it couldn’t cover with cash.<\/p>\n

Other council members called the proposal “crazy.” While they recognized that the city needs equipment to fix its roads, the solution Casinos de Misiones presented wasn’t the right way to solve the problem.<\/strong><\/p>\n

They agreed that it would be similar to mortgaging the income of the municipality for the next eight years. In addition, it would limit the decision-making capabilities of future mayors.<\/p>\n

\n

There were also concerns about the precedent the city would be setting. If it had said yes, any company could then introduce similar proposals to avoid future tax bills.<\/p>\n<\/div>\n

Leandro N. Alem \u2013 and other cities across Argentina \u2013 might have to deal with copycat proposals anyway. Casinos de Misiones said in its letter that it already has deals like this in place with other cities, including Jard\u00edn Am\u00e9rica, Montecarlo, and Puerto Rico.<\/p>\n","protected":false},"excerpt":{"rendered":"

A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction equipment in lieu of money. In late September, Casinos de Misiones, a company with gaming properties across Argentina, thought it would approach tax collection from a different angle. […]<\/p>\n","protected":false},"author":64,"featured_media":238539,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,81884],"tags":[82174,13363,81904],"acf":[],"yoast_head":"\nArgentinian Casino Offers to Pay Tax Bill with Construction Equipment - Casino.org<\/title>\n<meta name=\"description\" content=\"A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment - Casino.org\" \/>\n<meta property=\"og:description\" content=\"A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-20T12:36:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-20T18:08:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erik Gibbs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erik Gibbs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/\",\"url\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/\",\"name\":\"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg\",\"datePublished\":\"2022-10-20T12:36:19+00:00\",\"dateModified\":\"2022-10-20T18:08:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\"},\"description\":\"A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg\",\"width\":1280,\"height\":720,\"caption\":\"A Dynapac road compactor sits inside a quarry. A casino operator in Argentina wants to exchange a similar product for its tax liabilities. (Image: YouTube)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Latin America Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/latin-america-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\",\"name\":\"Erik Gibbs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"caption\":\"Erik Gibbs\"},\"description\":\"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment - Casino.org","description":"A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/","og_locale":"en_US","og_type":"article","og_title":"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment - Casino.org","og_description":"A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction","og_url":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-10-20T12:36:19+00:00","article_modified_time":"2022-10-20T18:08:10+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg","type":"image\/jpeg"}],"author":"Erik Gibbs","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Erik Gibbs","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/","url":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/","name":"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment - Casino.org","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg","datePublished":"2022-10-20T12:36:19+00:00","dateModified":"2022-10-20T18:08:10+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca"},"description":"A casino operator in Argentina has come up with a novel approach in trying to avoid a tax bill. It is offering to give the government construction","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Dynapac-road-compactor.jpg","width":1280,"height":720,"caption":"A Dynapac road compactor sits inside a quarry. A casino operator in Argentina wants to exchange a similar product for its tax liabilities. (Image: YouTube)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/casino-in-argentina-offers-to-pay-tax-bill-with-construction-equipment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Latin America Gaming","item":"https:\/\/www.casino.org\/news\/latin-america-gaming\/"},{"@type":"ListItem","position":3,"name":"Argentinian Casino Offers to Pay Tax Bill with Construction Equipment"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca","name":"Erik Gibbs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","caption":"Erik Gibbs"},"description":"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.","url":"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/238540"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=238540"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/238540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/238539"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=238540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=238540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=238540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}