ANNOUNCEMENT 02 Dec 2013In December 2013, the government of Argentina announced a change in export taxation.
NUMBER OF INTERVENTIONS
Resoluci?n General 3557 of 2 December 2013, published in Official Gazette of 5 December 2013 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/220000-224999/223349/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 2 December 2013, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3557 introducing reference values on export of cow and buffalo skins and leathers. The export goods belong to the HS-codes 4101 and 4104 which carry a reference price of USD 2.35and USD 2.85 respectively.
The measure was effective on 9 December 2013 and suspended on 13 January 2014 by General Resolution 3578 of 7 January 2014 (see "Related Measures").
Argentina introduced reference values of precautionary nature for exportgoods in 2005 (in Spanish: valores referenciales de carácterpreventivo). The stated purpose is to safeguard the revenue derived fromthe payment of export duties (see WTO Trade Policy Review).The reference values are based on free on board (FOB) prices in USD. Alist with all current reference values can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf