ANNOUNCEMENT 01 Jan 2016

In January 2016, the government of Argentina announced a new localisation incentive for the car industry.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



WTO.REPORT ON G20 TRADE MEASURES (MID-OCTOBER 2015 TO MID-MAY 2016). https://www.wto.org/english/news_e/news16_e/g20_wto_report_june16_e.pdf



Infoleg. Decree 825/2916. Impuestos Internos. Available at: http://servicios.infoleg.gob.ar/infolegInternet/anexos/260000-264999/262863/norma.htm

Inception date: 01 Jan 2016 | Removal date: 31 Dec 2016

Internal taxation of imports

According to the WTO, the government of Argentina temporarily reduced the domestic internal tax applied to vehicles from 1 January 2016 to 30 June 2016.
The tax is eliminated for vehicles below a sales price of Arg$225.000. For vehicles above that sales price, the internal tax is decreased from 30 to 10 percent.

Update

On 1 July 2016, the Government of Argentina adopted Decree 825 extending the deadline for another 6 months.

AFFECTED SECTORS