ANNOUNCEMENT 17 Nov 2011In November 2011, the government of Argentina announced a change in export taxation.
NUMBER OF INTERVENTIONS
Resoluci?n General 3223 of 17 November 2011, published in Official Gazette of 22 November 2011 (in Spanish): http://www.infoleg.gob.ar/infolegInternet/anexos/190000-194999/190208/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 17 November 2011, the Federal Administration of Public Revenue (AFIP) issued General Resolution 3223 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 exportgoods in 2005. The stated purpose is to safeguard the revenuederivedfrom 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 24 November 2011 and were replaced new prices stipulated in General Resolution 3543/2013 on 28 November 2013(see Related Measures).