ANNOUNCEMENT 31 Jul 2013
In July 2013, the government of Argentina announced a change in export taxation.
NUMBER OF INTERVENTIONS
National Press Agency, news item of 6 August 2013 (in Spanish): http://www.prensa.argentina.ar/2013/08/06/43025-actualizan-los-valores-de-referencia-para-la-exportacion-de-yerba-mate.php
Resoluci?n General 3518 of 31 July 2013, published in Official Gazette of 6 August 2013 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/215000-219999/218163/norma.htm
WTO Trade Policy Review on Argentina of 14 June 2013, WT/TRP/S/227/Rev.1, Chapter III (p. 97): http://bit.ly/Q4IU31
On 31 July 2013, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3518 increasing the reference prices applicable to Yerba Mate for export. The affected Mercosur Nomenclature (NCM) codes include NCM 0903.00.10 and 0903.00.90. The values vary from USD 1.86to 3.10per kg for each type of Yerba Mate and country of destination (see 'Affected Trading Partners').
Argentina introduced reference values of precautionary nature for export goods in 2005 (in Spanish: valores referenciales de carácterpreventivo). The stated purpose is to safeguard the revenue derived from the payment of export duties (see WTO Trade Policy Review). The reference values are based on free on board (FOB) prices in USD. A list with all current reference values can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
The measure was effective on 8 August 2013 and suspends the reference prices stipulated in General Resolution 3144 of 24 June 2011 (see 'Related State Acts').