ANNOUNCEMENT 15 Jul 2010In July 2010, the government of Argentina announced a change in export taxation.
NUMBER OF INTERVENTIONS
Resoluci?n General 2873 of 15 July 2010, published in Official Gazette of 22 July 2010: http://www.infoleg.gob.ar/infolegInternet/anexos/165000-169999/169642/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 15 July 2010, the Federal Administration of Public Revenue (AFIP) issued General Resolution 2873 increasing the reference values applicable to powdered milk for export to certain countries.
The following Mercosur Nomenclature (NCM) codes are affected:
Although the measure increases the reference values, it also suspends many reference values on milk, cream, yogurt, whey, butter, various cheese and other milk-based products stipulated in General Resolution 2789/2010 (see Related Measures).Thus, the measure has been classified as amber.
Argentina introduced reference values of precautionary nature for export goods in 2005. The stated purpose is to safeguard the revenue derived from the payment of export duties (WTO Trade Policy Review). The values are based on free on board (FOB) prices in USD. A list with all current reference prices can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
The export-related reference values took effect on 26 July 2010 and were replaced by General Resolution 2905/2010 on 14 September 2010 (see Related Measures).