Alberto Abad, the head of the Federal Administration for Public Taxes (AFIP), resigned this afternoon from his post, which he’d occupied since December 2015, on the heels of president Mauricio Macri’s arrival to the Casa Rosada.
Abad, who assumed the post within the Macri administration on December 10, 2015 also occupied the position between 2002 and 2008, during the administrations of Eduardo Duhalde and Néstor and Cristina Kirchner. He is set to be replaced by Leandro Cuccioli, the current Secretary of Financial Services under the Finance Ministry, led by the controversial minister Luis Caputo.
His resignation comes after reporting February’s earnings, 235, 666 million pesos, which show a growth of 37.7 percent when compared to the year previous. He assured that the standout statistic in the second month of 2018 was the “collection of the IVA” which was 77,505 million pesos. This translates into an increase of 46.3 percent in comparison to the same period last year.