AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On April 19, 2010, the Argentine Government adopted Decree 500/2010 increasing the applicable export rebates on two products from the tariff line 4401.30.00. The two affected products were:
The new values have increased by 4.05% and 5% respectively.
This regime consists of the total or partial reimbursement of the internal taxes related to the production and commercialization of the exported goods. The rebates specify a percentage of the exported good's FOB value that is granted as a tax credit. The tax credit may then be used to pay internal taxes such as the VAT on inputs for the exported products.
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