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Argentina: Temporary export tax, imposed at 12% rate

Argentina imposes temporary tax on exports

Decree No. 793/2018 reflects “emergency measures” (as announced by the president on 3 September 2018) and imposes a 12% export tax (customs duty) on all goods exported from Argentina. The new tax will be effective 1 January 2019, and will apply as a “temporary measure” until 31 December 2020.


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The 12% export tax will be imposed on the FOB export price of “primary product” goods (including agricultural goods), subject to a cap of four pesos (ARS 4) per U.S. dollar of the corresponding tax value or official FOB price for primary product goods (in other words, the export duties cannot exceed four pesos per U.S. dollar of the corresponding tax value or official FOB price). For all other products, the cap amount will be fixed at three pesos (ARS 3) per U.S. dollar of the corresponding tax value or official FOB price.

Decree No. 793/2018 was published in the official gazette on 4 September 2018.

Service tax legislation

In addition, the Minister of Economy announced an intention to submit new legislation incorporating a new tax on service exports for congressional approval. This new service tax would be imposed at a rate of 12% and also subject to the four pesos per U.S. dollar cap. If enacted, the service tax on exports would be effective beginning 1 January 2019. 

KPMG observation

A tax on service exports by measures of an executive decree could be considered to be unconstitutional under Argentine law. Thus, the government is taking the steps to include these measures in the budget law that is subject to congressional approval.


For more information, contact a tax professional with KPMG’s Latin America Markets Tax practice or with the KPMG member firm in Argentina:


Alfonso A-Pallete | +1 (305) 913-2789 |

Rodolfo Canese | +(5411) 4316-5753 |

Violeta Lagos | +(5411) 4316-5740 | 

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