AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On 16 March 2015, the government of Argentina announced the establishment of a new Fund specifically aimed to supporting small and medium-size grain and oilseed producers with an annual production capacity of less than 700 tonnes. Argentinian official sources state that this Fund will start to operate in April.
The monetary worth of this Fund is ARS 2.5 billion (USD 283.85 million). This Fund will contribute towards reducing the export tax burden faced by small/medium producers by 50%.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
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