What does AFIP stand for?

Prepare for your AFIP Basic Certification Test. Use comprehensive flashcards and multiple choice questions with detailed explanations. Gear up for success in your exam!

The correct expansion of AFIP is "Administración Federal de Ingresos Públicos." This is a key governmental agency in Argentina that is responsible for collecting taxes and managing the country's revenue. The term "Administración" reflects the agency's role in administration and oversight of financial regulations and tax collection processes.

The choice containing "Agencia" is not accurate in this context, as it does not capture the formal title used for this federal entity. While "Asociación" suggests a group or association, it does not correctly indicate that AFIP is a government agency. Similarly, "Autoridad" implies a different organizational context and is not aligned with the official naming conventions for this tax authority. Understanding the correct terminology is crucial, especially in areas related to taxation and regulatory compliance within Argentina.

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