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Argentina lowers export taxes on cod, squid and shrimp

 Last Update: 2021-12-01
 Source: Internet
 Author: User

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The Argentine government promulgated Decree No.
754/2021 to reduce fishery export taxes, especially for products such as cod , shrimp and squid processed in the country , in order to benefit Argentine industry and labor
.

The decree was issued before the expiration of 27.
541, a two-year emergency bill passed at the end of 2019, and inspired social solidarity and production recovery.
According to Carlos D.
Lieberman, the Deputy Minister of Fisheries, he added that the current The focus is on promoting exports and creating job opportunities
.

In order to establish a major territorial presence, promote added value, and promote employment, the export tax on cod, shrimp and squid that are processed entirely in Argentina for final consumption and retail display in supermarkets will be reduced to 1%, and the cod processed and packaged in Argentina will be reduced to zero
.

"Our goal is to reduce taxes in such a way that we can promote fishery products processed, processed and manufactured in Argentina, provide the largest input for employment in Argentina, and transform the primary fishing industry into a modern processing export industry with higher value.
"
.

Apparently, most of the Argentine squid is shipped to Peru and Vietnam, where it is processed and sorted, and then traded as the main product
.
.

　　Most of the three types of cod, shrimp and squid export tax in the range of 5% to 7%, cod fillet and clean squid will be 1% or 0%
.

Fishery export cod squid

　　Apparently, most of the Argentine squid is shipped to Peru and Vietnam, where it is processed and sorted, and then traded as the main product
.
.

　　Most of the three types of cod, shrimp and squid export tax in the range of 5% to 7%, cod fillet and clean squid will be 1% or 0%
.

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