IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 23 Nov 2009 | Removal date: open ended
Still in force

Tax or social insurance relief

On 7 April 2009, the Government of Argentina established, through Decree 252/2009, a reduction in the rate of the Internal Tax ('Impuestos Internos') applicable to some electric and electronic products manufactured within the 'Special Customs Territory of Tierra del Fuego, South Atlantic Islands and Antarctica' (the 'Tierra del Fuego Free Zone') . By virtue of this decision, the rate applicable to products eligible for the benefit will be reduced to 38.53% of the general rate.
 
This reduction in the Internal Tax rate will result in that electric and electronic goods produced in the Tierra del Fuego Free Zone and re-exported to the Argentine Continental Customs Territory (which encompasses the whole territory of the country with the exception of the Tierra del Fuego Free Zone) will receive a more favorable tax treatment than the one granted to: (i) like products manufactured within the Argentine Continental Customs Territory; and (ii) like products imported from foreign countries. In fact, when announcing the measure, the Ministry of Production acknowledged that this measure would 'strengthen the position of electronic goods produced in Tierra del Fuego vis-ŕ-vis the imported ones'.
 
Entry into force of the measure was postponed several times, and it was finally put into effect by Law 26.539 of November 20th, 2009.
 
 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

448 Domestic appliances & parts
8516 Electric instantaneous or storage water heaters and immersion heaters; electric space heating apparatus and soil heating apparatus; electrothermic hairdressing apparatus (for example, hair dryers, hair curlers, curling tong heaters) and hand dryers; ele
851610 Electric instantaneous or storage water heaters and immersion heaters
851629 Other
851631 Hair dryers
851632 Other hairdressing apparatus
851640 Electric smoothing irons
851650 Microwave ovens
851660 Other ovens; cookers, cooking plates, boiling rings, grillers and roasters
851671 Coffee or tea makers
851672 Toasters
851679 Other
851680 Electric heating resistors
851690 Parts
473 Broadcast recording apparatus; microphones, loudspeakers, etc.
8519 Sound recording or reproducing apparatus.
851981 Using magnetic, optical or semiconductor media
8521 Video recording or reproducing apparatus, whether or not incorporating a video tuner.
852190 Other
8527 Reception apparatus for radiobroadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock.
852713 Other apparatus combined with sound recording or reproducing apparatus
852719 Other
852721 Combined with sound recording or reproducing apparatus
852791 Combined with sound recording or reproducing apparatus
852799 Other
8528 Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radiobroadcast receivers or sound or video recording or reproducing apparatus.
852841 Of a kind solely or principally used in an automatic data processing system of heading 84.71
852851 Of a kind solely or principally used in an automatic data processing system of heading 84.71
852859 Other
852869 Other
852871 Not designed to incorporate a video display or screen
852872 Other, colour

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