Argentina: New export rebates for a large number of agricultural products

Announcement

30 Dec 2016

The Government of Argentina approved new export rebates for a large number of agricultural products.

This regime consists of the total or partial reimbursement of the internal taxes related to the production and commercialization of the exported goods. The rebates specify a percentage of the exported good's FOB value that is granted as a tax credit. The tax credit may then be used to pay internal taxes such as the VAT on inputs for the exported products.

It is important to point out that only products with certain particular characteristics such as package volume or species enjoy the rebates.

Source

Number of interventions

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2017

Revocation date:

No revocation date

Updated: 30 Dec 2016

Tax-based export incentive In force

Decree 1341/2016 issued on December 30, 2016, by the Government of Argentina, also reduced the export rebates on 61 eight-digits tariff lines. The new export rebate levels have decreased ...