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Argentina Exempts Temporary Imports, Some Capital Goods From 'Statistical Fee'

Argentina will exempt certain capital goods and temporary imports from a fee increase that took effect May 7, according to a notice in the country’s Boletin Oficial. Effective May 21, capital goods imported for production of hydrocarbons from unconventional reserves,…

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as well as other capital goods under certain programs and all temporary imports, will be subject to a zero percent “tasa de estadistica” (statistical fee). Argentina had increased the fee, which is similar to the U.S. Merchandise Processing Fee, to 2.5 percent for all imports beginning May 7 (see 1905090056).