Argentina: Argentina Lowers Export Taxes on Many Specialty Crops and Imposes Financing Restrictions on Luxury Beverages

On January, 6 the Central Bank of Argentina announced financing restrictions on importers of luxury goods, including but not limited to, champagne, whisky, liqueurs and other spirits valued at more than USD $50 per liter. In another move, the Government of Argentina recently announced adjustments to export taxes on many specialty crops, including apples, pears, citrus fruits, blueberries, seeds, and alfalfa intended to improve the international competiveness of these products.

Argentina: Argentina Lowers Export Taxes on Many Specialty Crops and Imposes Financing Restrictions on Luxury Beverages