ANNOUNCEMENT 05 Oct 2011

In October 2011, the government of Argentina announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Resoluci?n General 3194 of 5 October 2011, published in Official Gazette of 12 October 2011 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/185000-189999/188041/norma.htm

Trade Policy Review on Argentina of 14 June 2013, WT/TRP/S/227/Rev.1, Chapter III (p. 97): http://bit.ly/Q4IU31


Inception date: 14 Oct 2011 | Removal date: 13 Jul 2013
Still in force

Export tax

On 5 October 2011, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 3194 which update the reference prices on the export of honey under Mercosur Nomenclature (NCM) 0409.00.00. The measure stipulates that the export price shall not deviate by more than 10% from the reference price:
 

  • USD 2.94kg (from USD 3.15kg): natural bee honey, in bulk, in boxes higher or equal to 300 kg, all countries of destination mentioned under 'Affected Trading Partners', except for Canada and US
  • USD 3.04kg (from USD 3.20kg): natural bee honey, in bulk, in boxes higher or equal to 300 kg, destined for Canada and US

 
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
 
The measure was effective on 14 October 2011 and was replaced by General Resolution 3514 on 17 July 2013 (see 'Related Measures').

AFFECTED SECTORS

 

AFFECTED PRODUCTS