ANNOUNCEMENT 06 Sep 2010In September 2010, the government of Argentina announced a change in export taxation.
NUMBER OF INTERVENTIONS
Resoluci?n General 2905 of 6 September 2010, published in Official Gazette of 10 September 2010: http://www.infoleg.gob.ar/infolegInternet/anexos/170000-174999/171783/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 6 September 2010, the Federal Administration of Public Revenue (AFIP) issued General Resolution 2905 decreasing the reference values applicable to powdered milk for export to certain countries.
The following Mercosur Nomenclature (NCM) codes are affected:
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 14 September 2010 and were replaced by General Resolution 3086/2011 on 3 May 2011 (see Related Measures).