ANNOUNCEMENT 30 Dec 2016
The Argentine Government announced a new plan to reduce the export tax on soybean between 2018 and 2019.
NUMBER OF INTERVENTIONS
Ministry of Agroindustry. Ministerio de Agroindustria. Decreto 1343/2016. http://servicios.infoleg.gob.ar/infolegInternet/anexos/270000-274999/270114/norma.htm
Ministry of Agroindustry. Ministerio de Agroindustria."Modifican el sistema de liquidación de derechos de exportación en las operaciones a futuro del complejo sojero" Available at: https://www.agroindustria.gob.ar/sitio/areas/prensa/index.php?accion=noticia&id_info=180327195528
InfoLeg. Ministerio de Agroindustria. Decreto 265/2018. Available at: http://servicios.infoleg.gob.ar/infolegInternet/anexos/305000-309999/308329/norma.htm
Official Gazette of Argentina. Boletín Oficial de la República Argentina. Decreto 487/2018. Available at: https://www.boletinoficial.gob.ar/#!DetalleNorma/184513/20180528
On January 2, 2017, Decree 1343/2016 was published in the Argentine Gazette (i.e. Boletín Oficial de la República Argentina). In it, the Ministry of Agroindustry approved the creation of a new plan designed to reduce the applicable export tax on soybean, soybean oil and soybean meals. The new plan established a monthly reduction of 0.5% in the applicable tax starting in January 2018 and finishing in December 2019, meaning that by the end of the defined time period, export taxes on these goods would be reduced by 12%. By the time this Decree was issued, the established export taxes ranged between 30% and 27%.