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Argentina Bill Seeks to End Farm Export Taxes and Rein In Decrees

The proposal aims to lock in predictable rules by putting export taxes under congressional law.

Overview

  • Deputy Gisela Scaglia introduced the bill on Tuesday in the Chamber of Deputies, co-signed by Carlos Gutiérrez, José Núñez, Carolina Basualdo, Alejandra Torres and María Inés Zigarán, to cut farm and agroindustrial export duties to 0% by December 1, 2028.
  • The national government has confirmed that higher export levies return on July 1, with soy at 33%, corn at 12% and sunflower at 7%, highlighting a sharp policy split with the bill.
  • The measure mandates a 25% cut each year from the rate in force when the law takes effect and applies to grains, oils, meals and other processed farm goods.
  • It would repeal Customs Code Article 755, block the Executive from changing these duties by decree and require any future move on these taxes to pass Congress.
  • Studies from the Rosario Board of Trade and Fundación Mediterránea project more land under crops, higher grain output and agroindustrial exports near US$50.5 billion by 2036 if the duties are removed.