Area
Argentina
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans, soybean products
Date
01/04/2018
Policy Category
Trade
Policy Instrument
Export policy
Description
Changed the time of export tax collection from the day a purchase contract is signed to the day of shipment, thus allowing exporters to benefit from monthly tax cuts and encouraging forward sales.
Notes
From 6 April 2018, Argentinas export tax on soybean and soybean products is applied at the date of shipment as opposed to the day a purchase contract is signed. The change allows exporters to take advantage of the monthly tax cuts that are under implementation since January 2018 (see MPPU Mar.18), thus encouraging forward sales.
