ANNOUNCEMENT 22 Dec 2008

The Argentinian Government has reduced the applicable export tax on some flours and some vegetable oils.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Ministry of Production and Ministry of Economy and Public Finance. Ministerio de Producción y Ministerio de Economía y Finanzas Públicas. Resolución Conjunta 27/2008 y 29/2008. http://servicios.infoleg.gob.ar/infolegInternet/anexos/145000-149999/148681/norma.htm

Inception date: 23 Dec 2008 | Removal date: open ended

Export tax

On December 22, 2008, the Argentinian Ministry of Production and the Ministry of Economy and Public Finance passed the joint resolution 27/2008 and 29/2008 decreasing by 5% the applicable export tax on wheat and meslin flour, maize flour, cereal groats, meal and pellets of wheat and maize, and some fixed vegetable fats and oils. The previous export tax was set at 20%.

AFFECTED SECTORS