Those joining the plan would be immune from prosecution and won't be forced to pay past-due taxes, said Ricardo Echegaray, head of the tax agency.
The search for evaders, which includes cross-checking information on income and personal wealth reports with purchases of real estate and cars, foreign travel and credit card purchases, will continue, Echegaray
"You better bring your dollars back because we will find you," Echegaray
said at the May 7 press conference.
Last year, tax collection in South America's second-largest economy rose to 37 percent of gross domestic product from 16.5 percent in 2002, according to Economy Ministry data.
Argentina's last effort to bring undeclared funds back into the country, announced in 2008, attracted $4 billion, according to Echegaray