ANNOUNCEMENT 26 Feb 2013

In February 2013, the government of Argentina announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Resoluci?n General 3443 of 26 February 2013, published in Official Gazette of 5 March 2013 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/205000-209999/209071/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

Inception date: 01 Dec 2012 | Removal date: 13 Apr 2015
Still in force

Export tax

On 26 February 2013, the Federal Administration of Public Revenue (AFIP) issued General Resolution 3443 increasing the prices of the reference values applicable to garlic export (compare to previous measure under 'Related Measures').
 
The measure lists a free on board (FOB) price per kg in USD to each type of garlic including the countries of destination. The affected Mercosur Nomenclature (NCM) code is 0703.20.90 and the prices for each type of garlic range from USD 0.72 per kg to USD 2.65 per kg. The resolution also includes a tolerance level of 15 per cent, i.e., that the effective export price shall not be 15 per cent higher than the reference value.
 
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. Alist with all current reference values can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
 
The measure was effective retroactively, i.e., on 1 December 2012.

Update
On 13 April 2015, the Federal Administration of Public Revenue (AFIP) adopted Resolution 3761/2015 modifying the export criterion values set on garlic (please, see related state acts).

AFFECTED SECTORS

 

AFFECTED PRODUCTS