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



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Resoluci?n General 3223 of 17 November 2011, published in Official Gazette of 22 November 2011 (in Spanish):

WTO Trade Policy Review on Argentina of 14 June 2013, WT/TRP/S/227/Rev.1, Chapter III (p. 97):

Inception date: 24 Nov 2011 | Removal date: 23 Nov 2013
Still in force

Export tax

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:

  • Powdered milk (NCM 0402.21.10), in cans, with a net weight of less than or equal to 2kg: USD 3.96 per kg (before USD 4.35 per kg)
  • Powdered milk (NCM 0402.21.10), not canned, with a net weight of less than or equal to 2kg: USD 3.63 per kg (before USD 3.98 per kg)
  • Powdered milk (NCM 0402.21.10), with a net weight of more than 2kg: USD 3.3 per kg (before USD 3.62 per kg)
  • Modified powdered milk (NCM 1901.90.90): USD 3.3 per kg (before USD 3.62 per kg)

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:
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).