ANNOUNCEMENT 16 Mar 2015

In March 2015, the government of Argentina announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



FAO (2015) http://www.fao.org/economic/est/est-commodities/commodity-policy-archive/detail/en/c/548456/

Ministerio de Agricultura, Ganaderia y Pesca (2015) Cristina Kirchner anunci? la segmentaci?n de retenciones para peque?os productores y lo defini? como un "acuerdo hist?rico. http://www.minagri.gob.ar/site/institucional/prensa/index.php?edit_accion=noticia&id_info=150316194703


Inception date: 01 Apr 2015 | Removal date: open ended
Still in force

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.

AFFECTED SECTORS