Argentina: Government modifies the export rebate regime

Announcement

28 Apr 2017

The Government of Argentina changed the export rebates regime affecting certain goods enclosed in 18 tariff lines.

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

28 Apr 2017

Revocation date:

No revocation date

Updated: 28 Apr 2017

Tax-based export incentive In force

Decree 294/2017 adopted on April 28, 2017, by the Argentine Government, also eliminated the export rebate on NCM 4203.30.00. The previous export rebate was set at 6.8%.

Implementation date

28 Apr 2017

Revocation date:

No revocation date

Updated: 28 Apr 2017

Tax-based export incentive In force

On April 28, 2017, the Argentine Government adopted Decree 294/2017 modifying the list of products affected by the exported-related tax credits. This change led to increasing the applicable ex...