Withholdings: The Argentine Peanut Chamber endorsed the Córdoba position

Published Jan 19, 2024

Tridge summary

Governor Martín Llaryora of Río Cuarto met with productive entities and asked Córdoba legislators not to support an increase in export duties, specifically for regional economies like peanuts. The Argentine Peanut Chamber expressed support for the rejection of the increase in export duties and emphasized the need for a macro fiscal balance that does not hinder the productivity of the sector. Governor Llaryora stressed that the national government's measure to increase export duties would harm the industry and ultimately not generate more revenue, highlighting the importance of a fiscal plan that supports and promotes productive sectors.

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Original content

In Río Cuarto, the productive entities were received by Governor Martín Llaryora, who asked the Córdoba legislators not to support the increase in export duties to regional economies, which includes peanuts. The next day, January 18, Governor Martin LLaryora met again with the productive sectors and representatives of the Industrial Union of Córdoba and then made statements to the press. The Argentine Peanut Chamber expressed its full support and agreement with the rejection expressed by the Industrial Union of Córdoba (UIC) and representatives of the sectoral chambers to the withholdings from regional economies, as well as the position expressed by the Córdoba president. The position was expressed during a meeting with Governor Martín Llaryora, who pointed out that he asked the legislators for Córdoba not to support the increase in withholdings, a measure that was endorsed by the productive entities. The president reiterated that withholdings are a terrible tax and, above all, ...

Source: Chacra Magazine