AFIP imposed preventive values for shrimp exports in Argentina

Published 2021년 9월 6일

Tridge summary

The Argentine government, under President Alberto Fernández, has introduced a new fiscal regulation for the fishing industry through Resolution 5066/2021, reinstating preventive export values for shrimp. This measure, similar to previous squid export regulations, has been criticized by tax experts like José Ignacio Bellorini for its arbitrary nature and potential for incorrect pricing of shrimp exports. Bellorini foresees a significant battle against these regulations, which he believes will be detrimental to the industry by ignoring crucial market factors and leading to potential over-taxation and criminal tax investigations. This situation is part of a larger issue of Argentina's economic struggles, with a focus on the export sector as a key solution to the country's liquidity problems.

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Original content

AFIP did it again. The government of Alberto Fernández, coinciding with Industry Day, last week offered the fishing industry a new fiscal regulatory measure. The collecting body reinstated the preventive reference values for "shrimp" exports through Resolution 5066/2021 of the General Directorate of Customs. The professor of Tax Law at the Austral University, José Ignacio Bellorini, three months ago, had warned in PUERTO MAGAZINE that fiscal policy could advance in a new regulation of the foreign trade of Pleoticus muelleri (see “They question the reinstatement of 'Valores Export Preventives' ”). On that occasion, the agency had applied the price parameters for squid exports; now, the government tells the shrimp export sector at what price it should sell its products abroad. Known the novelty, this medium consulted the tributarist Bellorini, who had anticipated what could happen: “This morning I was preparing a conference that I must give for the University where I have been ...

Source: Revistapuerto