Which of the following statements is true regarding AFIP?

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 statement regarding AFIP, which is the Administración Federal de Ingresos Públicos, being primarily responsible for tax collection and customs duties is accurate. AFIP is the Argentine federal agency that manages the tax system and customs regulations, ensuring compliance with the country's taxation laws and facilitating international trade through customs oversight. This includes collecting various forms of taxes from individuals and corporations, as well as managing duties on goods brought into the country.

Understanding AFIP's role is crucial, as it reflects the agency's core functions in supporting the state’s financial system and regulating economic activities in Argentina. This responsibility emphasizes its significance in the broader context of governance, revenue generation, and economic policy, which are essential for national development and public funding.

In contrast, the other statements do not accurately represent AFIP's functions. It does not operate under the Ministry of Health, nor is it involved in regulating public transportation. Additionally, AFIP's primary mandate does not include providing loans to businesses, a function that would typically fall under financial institutions or development banks.

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