An Argentine crack-down on what it says is chronic tax evasion among the country’s leading grain exporters widened Wednesday, with exporter and food processor Molinos Rio de La Plata S.A. added to the list of companies excluded from a key grain trade registry.
The federal tax agency, Afip, has already suspended Louis Dreyfus, Bunge Argentina, Oleaginosa Moreno, Cargill Inc., Archer Daniels Midland Corp. and Toepfer International GmbHp from the registry for allegedly evading taxes by triangulating their grain trading operations through other countries, among other measures.