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Argentina Updates List of Capital Goods Benefitting from Preferential Duty Treatment

Argentina recently updated the list of capital goods and information technology/telecommunications goods benefiting from a reduced two percent duty, down from 12 percent or 14 percent. According to press reports, more than 100 tariff lines have been added to the list (bringing the total to more than 300 tariff lines) in an effort to boost investment in domestic production activities. Economic sectors benefitting from this action include the agricultural, metalworking, mining and construction sectors. The new list is available at http://servicios.infoleg.gob.ar/infolegInternet/anexos/310000-314999/314516/norma.htm.

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