IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2018 | Removal date: open ended
Still in force

Export tax

On January 2, 2017, Decree 1343/2016 was published in the Argentine Gazette (i.e. Boletín Oficial de la República Argentina). In it, the Ministry of Agroindustry approved the creation of a new plan designed to reduce the applicable export tax on soybean, soybean oil and soybean meals. The new plan established a monthly reduction of 0.5% in the applicable tax starting in January 2018 and finishing in December 2019, meaning that by the end of the defined time period, export taxes on these goods would be reduced by 12%.  By the time this Decree was issued, the established export taxes ranged between 30% and 27%.

Update
On 3 April 2018, the Ministry of Agroindustry of Argentina published Decree 265/2018 modifying the system of liquidation of export duties in future operations applied to soybean and soy-based products. In this sense, the new legislation states that for the liquidation of the export rights of these goods, the above-mentioned discounts also apply. Hence for future export operations, the period between the closing date of the sale and the beginning of the declared embarkation will be taken into account when calculating the applicable export duty.
 
On 24 May 2018, Decree 487/2018 was published on the Official Gazette setting at 10% the export tax on NCM 1517.90.10 and 1507.90.11 as from 1 July 2018 (please, see related state acts).
 
On 14 August 2018, the Argentine Executive adopted Decree 757/2018 changing the export duties on certain soy products by pausing the monthly export tariff reduction (please, see related state acts). 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

014 Oilseeds & oleaginous fruits
1201 Soya beans, whether or not broken.
120190 Other
216 Vegetable oils
1507 Soyabean oil and its fractions, whether or not refined, but not chemically modified.
150710 Crude oil, whether or not degummed
150790 Other
217 Margarine & similar preparations
1517 Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16.
151790 Other
219 Oil-cake; flours & meals of oil seeds; vegetable waxes; etc.
1208 Flours and meals of oil seeds or oleaginous fruits, other than those of mustard.
120810 Of soya beans
2304 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil.
230400 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil.
233 Preparations used in animal feeding; lucerne meal & pellets
2309 Preparations of a kind used in animal feeding.
230990 Other
391 Wastes from food & tobacco industry
2302 Bran, sharps and other residues, whether or not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants.
230250 Of leguminous plants
2308 Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included.
230800 Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included.

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