US EditionArgentina Is Again Raising Taxes on Soybeans and Corn, Its Largest Exports.
23 Articles
23 Articles
Associated Press BUENOS AIRES (AP) — The government of ultra-liberal Argentine President Javier Milei has decided to increase the tax on foreign sales of soybeans and corn, Argentina's main export products, starting July 1, a decision opposed by agricultural producers. The measure was made official in a decree published Friday in the Official Gazette, announcing the extension until March 2026 of the reductions applied since January to the tax on…
The measure, which was resisted by agricultural producers, was published this Friday in the Official Gazette. Instead, the decrease of aliquots for wheat and barley was extended.
It was through decree 439/2025, published in the Official Gazette.Winter cereals will tax 9.5% until March 2026.
FADA’s latest report reveals that more than 60% of agricultural income goes to taxes. The situation is critical in crops such as wheat and in provinces such as Córdoba. Read more
If there are no last-minute changes, as of Tuesday, July 1, the initial retention values for maize and soy will be restored. This is what the government ordered when it announced its temporary discharge in January, and everything indicates that it will comply. Soy will go from taxing 26% to 33%, and corn from 9.5% to 12%. With that time in mind, the truth is that many exporters accelerated their sales in recent weeks, which has given foreign exc…
The measure, which was opposed by agricultural producers, was published this Friday in the Official Gazette. However, the reduction in tax rates for wheat and barley was extended. Soybeans will return to 33% and corn to 12% starting July 1, according to the decree signed by President Javier Milei. As announced, the government ordered that withholding taxes on soybeans and corn will increase again starting July 1. The decision, which was opposed …
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