ANNOUNCEMENT 21 Jan 2016

In January 2016, the government of Argentina announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Argentina - Government raises biodiesel reference prices by 30% and more.https://www.agra-net.com/agra/world-ethanol-and-biofuels-report/biofuel-news/biodiesel/argentina---government-raises-biodiesel-reference-prices-by-30-and-more--1.htm.

Energy Secretariat (2015) Precios de Biodiesel. https://glp.se.gob.ar/biocombustible/reporte_precios.php


Inception date: 21 Jan 2016 | Removal date: 20 Feb 2016

Export tax

On 21 Janaury2016, the government of Argentina increased export taxes on biodiesel retroactively for the month of January (2016) from 0% (i.e. the export tax for the month of December in 2015) to 1.62%.
 
Given that trade flows can not change retroactively this measure was stated to be implemented on its announcement date.
The measure was replaced by a further increase in the export tax in February 2016.

AFFECTED SECTORS

 
354

AFFECTED PRODUCTS

 
382600