ANNOUNCEMENT 08 Apr 2011

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

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Resoluci?n General 3086 of 8 April 2011, published in Official Gazette of 29 April 2011: http://www.infoleg.gob.ar/infolegInternet/anexos/180000-184999/181626/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: 03 May 2011 | Removal date: 02 Jul 2011
Still in force

Export tax

On 8 April 2011, the Federal Administration of Public Revenue (AFIP) issued General Resolution 3086 increasing the reference values applicable to powdered milk for export to certain countries.
 
The following Mercosur Nomenclature (NCM) codes are affected:

  • Powdered milk (NCM 0402.21.10), in cans, with a net weight of less than or equal to 2kg: USD 5.16 per kg (before USD 3.48 per kg)
  • Powdered milk (NCM 0402.21.10), not canned, with a net weight of less than or equal to 2kg: USD 4.73 per kg (before USD 3.19per kg)
  • Powdered milk (NCM 0402.21.10), with a net weight of more than 2kg: USD 4.30 per kg (before USD 2.9 per kg)

 
Argentina introduced reference values of precautionary nature for exportgoods in 2005. The stated purpose is to safeguard the revenue derivedfrom 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 3 May 2011 and were replaced by General Resolution 3127/2011 on 20 June 2011 (see Related Measures).

AFFECTED SECTORS

 

AFFECTED PRODUCTS