Sign up for tax alert emails    GTNU homepage    Tax newsroom    Email document    Print document    Download document

October 1, 2021
2021-6012

Argentine Government plans to eliminate duties on exports of services

If the President issues a decree eliminating the export duties on exports of services, companies that export services will no longer be subject to export duties beginning 1 January 2022.

On 24 September 2021, the Argentine Government issued an official communication stating that duties on exports of services will be completely eliminated as of 1 January 2022. The President is expected to issue the decree eliminating the export duties before the end of the year.

Background

On 28 December 2018, the Argentine Government published in the Official Gazette Decree 1201/2018 (the Decree), which implemented duties on exports of services. The Decree established an export duty of 12% with a cap of AR$ 4 per US$ 1 on exports of services from 1 January 2019 and onwards.

Decree 99/2019 reduced the duty rate to 5% on the export of services from 1 January 2020 and onwards. For more information, see EY Global Tax Alert, Argentina makes sweeping changes to tax laws, followed by regulations implementing recently enacted tax reform, dated 8 January 2020.  

Official communication

Beginning 1 January 2022, duties on exports of services will be completely eliminated, provided the President issues a decree to eliminate the duties. According to the announcement, the elimination of the duty on exports of services is intended to promote the creation of quality employment, attract foreign currency and provide the services sector with more certainty in its investment and export plans.

For more information, see the official communication in Spanish at the following link: El gobierno nacional eliminará los derechos a la exportación de servicios | Argentina.gob.ar.

_________________________________________

For additional information with respect to this Alert, please contact the following:

Pistrelli, Henry Martin & Asociados S.R.L., Buenos Aires

Ernst & Young LLP (United States), Latin American Business Center, New York

Ernst & Young Abogados, Latin American Business Center, Madrid

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

 
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 2024, Ernst & Young LLP.

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.

 

"EY" refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

 

Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct Opt out of all email from EY Global Limited.

 


Cookie Settings

This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. More information on the cookies we use can be found here. By clicking 'Yes, I accept' you agree and consent to our use of cookies. More information on what these cookies are and how we use them, including how you can manage them, is outlined in our Privacy Notice. Please note that your decision to decline the use of cookies is limited to this site only, and not in relation to other EY sites or ey.com. Please refer to the privacy notice/policy on these sites for more information.


Yes, I accept         Find out more