Supercampo: Wine export refunds go up

Among the announcements made by the national government to promote exports, an increase of at least 100% was confirmed in export refunds for export wine products such as fractionated wine, sparkling wines and concentrated grape juice or must. In this way, export refunds are raised as a function of value added for industrial final goods to 7%. In the case of fractionated wine and sparkling wines, it represents an increase of more than 100% in relation to the current level of 3.25%; while the benefit is greater for concentrated grape juice or must, which had a limit on the tax refund of 2.5% and will now access 7%, they described from the Argentine Wine Corporation (COVIAR). "The increase in export refunds is a very positive measure for the wine industry. The international market is very competitive, so it is essential that we give producers greater ...