WORLD TRADE  
ORGANIZATION  G/SCM/N/48/ARG/Suppl.1 
G/SCM/N/60/ARG 
G/SCM/N/71/ARG G/SCM/N/95/ARG 
7 October 2004 
 
 
(04-4194) 
Committee on Subsidies and Countervailing Measures Original:   Spanish 
 
  
SUBSIDIES 
New and Full Notification and Updating No tification Pursuant to Article XVI.1
 
of the GATT 1994 and Article 25 of the Agreement on  
Subsidies and Countervailing Measures  
 
ARGENTINA 
 
 
 The following communication, dated 13 September 2004, is being circulated at the request of the delegation of Argentina. 
_______________ 
 Please find attached the following subsidy notif ications by the Argentine Republic under 
Article 25 of the Agreement on Subsidies and Co untervailing Measures and Article XVI.1 of the 
GATT 1994: 
 - Updating notification for 1999; 
  - Updating notification for 2000;  
 - New and full notification for 2001; 
  - New and full notification for 2003. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 2 
 
 
  The following notification is the 1999 update  by Argentina of document G/SCM/N/38/ARG 
of 17 November 1998, corresponding to the period 1 January to 31 December 1999 (G/SCM/N/48/ARG/Suppl.1).  
 
Contents
 
Page  
MINING......................................................................................................................... .....  3 
FORESTRY ACTIVITY ....................................................................................................  4 
FREE ZONES.....................................................................................................................   5 
MODERNIZATION OF THE AGRICULTURAL SECTOR..................................... .......  6 ANNEX 1 .................. ..................................................................................................... ....  7  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 3 
 
 
 MINING 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Decree No. 1343/99 (amending Law No. 24,402). 
2. Period covered by the notification 
 1 January to 31 December 1999. 
3. Policy objective and/or purpose of the subsidy 
 No change since last full notification. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 No change since last full notification. 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.) 
 No change since last full notification. 
6. To whom and how the subsidy is provide d (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  
if the latter, how determined) 
No change since last full notification. 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year, or both) is not possible, a full explanation. 
 The amounts disbursed for the development of mining activity for the period 1997-1999 were 
as follows: 
  1997
 1998  1999  
 Law No. 24,196  0.7 4.7 5.3 
 Tax concessions  128.6 137.0 30.0 
 Law No. 24,095  7.2 8.0 6.6 
N.B.: In millions of pesos. 
Source:    Department of Mining, Ministry of Fede ral Planning, Public Investment and Services. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
Pursuant to Decree No. 1343/99, the regime  will come to an end on 31 December 2005. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 4 
 
 
 FORESTRY ACTIVITY 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy  
Promotion of investment for cultivated forests.  Law No. 25,080. 
2. Period covered by the notification 
 1 January to 31 December 1999. 
3. Policy objective and/or purpose of the subsidy 
 No change since last full notification. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
Promotion of investment for cultivated forests.  Law No. 25,080 (regulatory enactment by 
Decree No. 133/99 and Amendment Resolution No. 610/99). 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.) 
 No change since last full notification. 
6. To whom and how the subsidy is provide d (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 Value-added tax is refunded on the purchase or definitive importation of goods, leases or the 
provision of services effectively intended as an investment under the forestry project.  Non-repayable economic support is granted to planted forests of not  less than five hundred (500) hectares on a scale 
established by the Law. 
7. Subsidy per unit or, in cases where this is no t possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 The total non-repayable amounts disbursed for economic support for the period 1997-1999 
were as follows: 
 1997   17.4 million pesos 
 1998   15.0 million pesos  1999   23.2 million pesos 
Source:  Department of Agriculture, Livestock, Fisheries and Food - Ministry of Economy and 
Production.  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 5 
 
 
 8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Laws Nos. 24,857 and 25,080:  Applicable since their entry into force on 11 September 1997. 
 Undertakings under the regime will benef it from tax stability for a period of up to 
thirty (30) years from the date of approval of the corresponding project. 
FREE ZONES 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy  
 No change since last full notification. 
2. Period covered by the notification 
 1 January to 31 December 1999. 
3. Policy objective and/or purpose of the subsidy 
 No change since last full notification. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 No change since last full notification. 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.) 
 No change since last full notification. 
6. To whom and how the subsidy is provide d (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  
if the latter, how determined) 
No change since last full notification. 
7. Subsidy per unit or, in cases where this is no t possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year, or both) is not possible, a full explanation. 
No change since last full notification. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 No change since last full notification. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 6 
 
 
 MODERNIZATION OF THE AGRICULTURAL SECTOR 
 The Agricultural Sector Modernization Regi me, established by Decree No. 257/99 and 
notified in document G/SCM/N/48/ARG, came to an end on 31 December 1999.  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 7 
 
 
 ANNEX 1:  FREE ZONES 
Resolution No. 898/95 Río Gallegos and Ca leta Olivia.  Province of Santa Cruz 
Resolution No. 33/96 Sierra Grande.  Province of Río Negro Resolution No. 33/96 Justo Daract.  Province of San Luis 
Resolution No. 70/96 Zapala.  Province of Neuquén 
Resolution No. 78/96 Frías.  Province of Santiago del Estero Resolution No. 79/96 Jachal.  Province of San Juan Resolution No. 80/96 Cruz Alta.  Province of Tucumán Resolution No. 275/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 320/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 286/96 General Pico.  Province of La Pampa Resolution No. 549/96 General Güemes.  Province of Salta Resolution No. 553/96 Perico and La Puna.  Province of Jujuy Resolution No. 767/96 Luján de Cuyo.  Province of Mendoza 
Resolution No. 768/96 Villa Cons titución.  Province of Santa Fe 
Resolution No. 769/96 Córdoba.  Province of Córdoba Resolution No. 3235/96 La Plata.  Province of Buenos Aires Resolution No. 165/97 Paso de los Libres.  Province of Corrientes Resolution No. 322/97 San Fernando.  Province of Chaco Resolution No. 634/97 Clorinda.  Province of Formosa 
Resolution No. 964/97 Chamical and Felipe Varela.  Province of La Rioja 
Resolution No. 855/98 Tinogasta.  Province of Catamarca  Resolution No. 678/99 Puerto Iguazú.  Province of Misiones 
All of these Resolutions were issued by the Mini stry of the Economy, Works and Public Services, 
except for Resolution No. 3235/96, which was issu ed by the National Customs Administration. 
 
 G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 8 
 
 
  The following notification is the 2000 update  by Argentina of document G/SCM/N/38/ARG 
of 17 November 1998, corresponding to the period 1 January to 31 December 2000 (G/SCM/N/60/ARG).  
 
Contents
 
Page  
MINING......................................................................................................................... .....  9 
FORESTRY ACTIVITY .................................................................................................... 10 
FREE ZONES.....................................................................................................................  11 
ANNEX 1 .................. ..................................................................................................... .... 12  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 9 
 
 
 MINING 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy  
 Decree No. 1343/99 (amending Law No. 24,402). 
2. Period covered by the notification 
 1 January to 31 December 2000. 
3. Policy objective and/or purpose of the subsidy 
 No change since last full notification. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 No change since last full notification. 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.) 
 No change since last full notification. 
6. To whom and how the subsidy is provide d (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  
if the latter, how determined) 
No change since last full notification. 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year, or both) is not possible, a full explanation. 
 The amounts disbursed for the development of mining activity for the period 1998-2000 were 
as follows: 
  1998
 1999  2000  
 Law No. 24,196  4.7 5.3 3.4 
 Tax concessions  137.0 30.0 11.7 
 Law No. 24,095  8.0 6.6 6.0 
N.B.: In millions of pesos. 
Source:  Department of Mining, Ministry of Federa l Planning, Public Investment and Services. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 10 
 
 
 8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
Pursuant to Decree No. 1343/99, the regime  will come to an end on 31 December 2005. 
FORESTRY ACTIVITY 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy  
Promotion of investment for cultivated forests.  Law No. 25,080. 
2. Period covered by the notification 
 1 January to 31 December 2000. 
3. Policy objective and/or purpose of the subsidy 
 No change since last full notification. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
Promotion of investment for cultivated forests.  Law No. 25,080 (regulatory enactment by 
Decree No. 133/99 and Amendment Resolutions Nos. 610/99, 152/00 and 22/01). 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.) 
 No change since last full notification. 
6. To whom and how the subsidy is provide d (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 No change since last full notification. 
7. Subsidy per unit or, in cases where this is no t possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 The total non-repayable amounts disbursed for economic support for the period 1998-2000 
were as follows: 
 1998   15.0 million pesos 
 1999   23.2 million pesos  2000   24.2 million pesos 
Source:  Department of Agriculture, Livestock, Fisheries and Food - Ministry of Economy and 
Production.  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 11 
 
 
 8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Laws Nos. 24,857 and 25,080:  Applicable since their entry into force on 11 September 1997. 
 Undertakings under the regime will benef it from tax stability for a period of up to 
thirty (30) years from the date of approval of the corresponding project. 
FREE ZONES 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy  
 No change since last full notification. 
2. Period covered by the notification 
 1 January to 31 December 2000. 
3. Policy objective and/or purpose of the subsidy 
 No change since last full notification. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 No change since last full notification. 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.) 
 No change since last full notification. 
6. To whom and how the subsidy is provide d (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  
if the latter, how determined) 
No change since last full notification. 
7. Subsidy per unit or, in cases where this is no t possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year, or both) is not possible, a full explanation. 
No change since last full notification. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 No change since last full notification. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 12 
 
 
 ANNEX 1:  FREE ZONES 
Resolution No. 898/95 Río Gallegos and Ca leta Olivia.  Province of Santa Cruz 
Resolution No. 33/96 Sierra Grande.  Province of Río Negro Resolution No. 33/96 Justo Daract.  Province of San Luis 
Resolution No. 70/96 Zapala.  Province of Neuquén 
Resolution No. 78/96 Frías.  Province of Santiago del Estero Resolution No. 79/96 Jachal.  Province of San Juan Resolution No. 80/96 Cruz Alta.  Province of Tucumán Resolution No. 275/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 320/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 286/96 General Pico.  Province of La Pampa Resolution No. 549/96 General Güemes.  Province of Salta Resolution No. 553/96 Perico and La Puna.  Province of Jujuy Resolution No. 767/96 Luján de Cuyo.  Province of Mendoza 
Resolution No. 768/96 Villa Cons titución.  Province of Santa Fe 
Resolution No. 769/96 Córdoba.  Province of Córdoba Resolution No. 3235/96 La Plata.  Province of Buenos Aires Resolution No. 165/97 Paso de los Libres.  Province of Corrientes Resolution No. 322/97 San Fernando.  Province of Chaco Resolution No. 634/97 Clorinda.  Province of Formosa 
Resolution No. 964/97 Chamical and Felipe Varela.  Province of La Rioja 
Resolution No. 855/98 Tinogasta.  Province of Catamarca  Resolution No. 678/99 Puerto Iguazú.  Province of Misiones 
All of these Resolutions were issued by the Mini stry of the Economy, Works and Public Services, 
except for Resolution No. 3235/96, which was issu ed by the National Customs Administration. 
  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 13 
 
 
  The following is Argentina's new and full notifi cation for 2001, pursuant to Article XVI.1 of 
the GATT 1994 and Article 25 of the Agreemen t on Subsidies and Countervailing Measures, 
corresponding to the period 1 January to 31 December 2001 (G/SCM/N/71/ARG).  
 
Contents
 
Page  
MINING......................................................................................................................... ..... 14 
FORESTRY ACTIVITY .................................................................................................... 16 
FREE ZONES.....................................................................................................................  18 
CAPITAL GOODS, INFORMATION TECHNOLOGY AND 
TELECOMMUNICATIONS REGIME..............................................................................  19 
ANNEX 1 .................. ..................................................................................................... .... 21 G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 14 
 
 
 MINING 
Title of the subsidy programme, if relevant, or br ief description or identification of the subsidy 
 Tax exemptions.  Article 270 of the Mi ning Code, as amended by Law No. 10,273. 
 
 Promotion of mining activities.  Law No. 22,095. 
  Promotion of mining activities.  Decree No. 554/81, regulating Law No. 22,095.   Mining investment.  Law No. 24,196. 
 
 Mining investment.  Decree No. 2,686/93, regulating Law No. 24,196, and amendments 
thereto (Decree No. 1403/97 and Resolutions Nos. 242/96 and 198/98).   Mining investment.  Law No. 24,296;  amendment to Article 6 of Law No. 24,196. 
 
 Value-added tax financing regime.  Law No. 24,402. 
  Value-added tax financing regime.  Decr ee No. 779/95, regulating Law No. 24,402 and 
amendments thereto (Decrees Nos. 216/96 and 1343/99).  
 Law No. 24,228,  Federal Mining Agreement. 
 
2. Period covered by the notification 
 1 January to 31 December 2001. 
3. Policy objective and/or purpose of the subsidy 
 The purpose of the legislation in question is to encourage mining activities in order to 
contribute to the country's development, ensure th e rational exploitation of mining resources, generate 
employment and diversify regional economies.  
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Law No. 22,095:  Ministry of the Economy, Works and Public Services. 
  Decree No. 554/81:  Ministry of the Economy, Works and Public Services.   Law No. 24,196:  Ministry of the Economy, Works and Public Services. 
 
 Decree No. 2,686/93:  Ministry of the Economy, Works and Public Services.   Law No. 24,296:  Ministry of the Economy, Works and Public Services.   Law No. 24,402:  Ministry of the Economy, Works and Public Services. 
  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 15 
 
 
 5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
 Law No. 10,273 (amendment to Article 270 of the Mining Code):  Tax exemptions. 
  Law No. 22,095:  Tax concessions and exempti ons.  Special promotion:  tax concessions and 
exemptions, deferment of payment, customs exemptions. 
  Promotion of mining activities:  fina ncing and non-repayable contributions. 
  Law No. 24,196:  Tax stability.  Tax con cessions and exemptions.  Customs exemptions. 
 
 Law No. 24,402:  Value-added tax financing regime.   Law No. 24,228:  Tax elimination.  6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 Law No. 10,273 (amendment to Article 270 of the Mining Code):  the tax exemptions relate 
to mines granted to private individuals.  
 Law No. 22,095: potential beneficiaries of  this Law are natural persons domiciled in 
Argentina and legal persons incorporated in the coun try or authorized to act within its territory who 
are engaged in the mining activities set out in Article  6 of the Law.  The benefits of the special 
promotion are granted to persons who apply for th em under Chapter IV of the Law.  Loans and non-
repayable contributions are granted pursuant to Articles 21, 22, 23 and 24. 
 
 Law No. 24,196: all natural persons domiciled in  Argentina and legal persons incorporated in 
the country or authorized to act within its territo ry can take advantage of the regime established under 
this Law provided that they are engaged in th e mining activities set out in Article 5 thereof. 
  The tax stability granted by this Law mean s that enterprises engaged in mining activities 
within the framework of this inv estment regime are not liable, be yond the total tax burden determined 
at the time of submission of the relevant feasib ility study, to increases in the taxes and duties, of 
whatever description, imposed by the national, provincial or municipal authorities adopting this regime or to the introduction of new taxes which w ould legally extend to them, as subject to such 
authorities.  It also applies to the foreign-excha nge and tariff regimes, excl uding exchange parity and 
refunds, repayments and/or drawback of taxes on ac count of export activities.  It does not apply to 
value-added tax.   Tax stability is granted for thirty (30) years from the date of submission of the feasibility study for the mining ventures included in the regime.  
 Law No. 24,402:  this Law has instituted a regi me for financing payment of value-added tax 
through credit lines granted by financial entities.  Th e beneficiaries of this regime are the purchasers 
or importers of the goods referred to in the Law (Article 1), inasmuch as they are intended for 
productive process, and persons subject to the regime  established under Law No. 24,196 who invest in 
civil and construction works to provide the infr astructure required for the production of goods. 
 
 Law No. 24,228:  the provinces are called upon to eliminate taxes on mining activities from their legislation pursuant to points 9 and 10 of the Federal Mining Agreement. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 16 
 
 
  
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year, or both) is not possible, a full explanation. 
The amounts disbursed for the development of mining activity for the period 1999-2001 were 
as follows: 
  1999
 2000  2001  
 Law No. 24,196  5.3 3.4 12.1 
 Tax concessions  30.0 11.7 3.4 
 Law No. 24,095  6.6 6.0 2.8 
N.B.: In millions of pesos. 
Source:  Department of Mining, Ministry of Federa l Planning, Public Investment and Services. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Law No. 24,402:  Pursuant to Decree No. 13 43/99, the regime will come to an end on 
31 December 2005. 
FORESTRY ACTIVITY 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy  
 Promotion of forestry activity.  Law  No. 13,273 (regulatory enactment by 
Decree No. 710/95).   Promotion of forest plantations.  Decree No. 711/95. 
 Tax Stability.  Law No. 24,857. 
 Promotion of investment for cultivated for ests.  Law No. 25,080 (regulatory enactment by 
Decree No. 133/99 and Amendment Resolutions Nos. 610/99, 152/00 and 22/01). 
2. Period covered by the notification 
 1 January to 31 December 2001. 
3. Policy objective and/or purpose of the subsidy 
 The environmental and economic potential of Ar gentina's forestry sector has barely been 
exploited.  The purpose of the legislation in this area is to promote forestry activity throughout the 
country; such activity could encourage medium- and long-term investment and generate employment. 
  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 17 
 
 
 4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Law No. 13,273 (regulatory enactment by Decree No. 710/95):  Ministry of Economy, Works 
and Public Services. 
 
 Decree No. 711/95:  Ministry of Economy, Works and Public Services - Department of 
Agriculture, Livestock, Fisheries and Food. 
 Law No. 24,857:  Ministry of Economy, Works and Public Services.  Law No. 25,080:  Ministry of Economy, Works and Public Services - Department of 
Agriculture, Livestock, Fisheries and Food. 
5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
 Law No. 13,273 (regulatory enactment by Decree No. 710/95):  customs exemptions and 
promotion measures.  
 Decree No. 711/95:  tax credits. 
 Law No. 24,857:  tax stability.  Law No. 25,080:  tax credits. 
6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 Law No. 13,273 (regulatory enactment by Decree No. 710/95):  the equipment, tools, drugs, 
seeds, cuttings and other elements needed for afforest ation, the reforestation of the country and survey 
work are exempted from customs duties.   Decree No. 711/95:  a tax credit, in a fixed am ount per hectare of forest qualified as eligible, 
is granted to natural and legal pe rsons owning cultivated forests for the forestry activities of planting, 
pruning, thinning or other silvicultural treatments.   Law No. 24,857: tax stability is enjoyed by a ll forestry and forest exploitation activities 
coming under Law No.13,273.  By tax stability it is meant that enterprises engaged in forestry or 
forest exploitation activities are not liable, beyond the total tax burden determined at the time of 
submission of the relevant feasibility study, to increases in the taxes a nd duties, of whatever 
description, imposed by national, provincial or m unicipal authorities or to the introduction of new 
taxes which would legally extend to th em as subject to such authorities. 
 Value-added tax is refunded on the purchase or definitive importation of goods, leases or the 
provision of services effectively intended as an investment under the forestry project.  Non-repayable 
economic support is granted to planted forests of not  less than five hundred (500) hectares on a scale 
established by the Law. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 18 
 
 
 7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 The total non-repayable amounts disbursed for economic support for the period 1999-2001 
were as follows: 
 1999   23.2 million pesos 
 2000   24.2 million pesos  2001   19.0 million pesos 
Source:  Department of Agriculture, Livestock, Fisheries and Food - Ministry of Economy and 
Production. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Law No. 13,273 has been applicable since its  entry into force on 14 October 1948;  its 
Regulatory Decree became applicable on 4 December 1995.  
 Laws Nos. 24,857 and 25,080 have been appl icable since their en try into force on 
11 September 1997.  Undertakings under the regime will benefit from tax stability for a period of up 
to thirty (30) years from the date of approval of the corresponding project. 
 Law No. 25,080:  The benefits granted w ill apply to undertakings approved within 
ten (10) years of the enactment of the Law. 
 
FREE ZONES (Law No. 24.331)  
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Free Zones.  Law No. 24,331 (the resolutions establishing the exploitation concessions and 
operating regulations and standards fo r free zones appear in the Annex). 
 Free Zones.  Law No. 25,005 and Regulatory Decree No. 932/98. Amendment to Article 44 
of Law No. 24,331. 
2. Period covered by the notification 
 1 January to 31 December 2001. 
3. Policy objective and/or purpose of the subsidy 
 The policy objective in this respect is set out in Article 4 of Law No. 24,331 as follows:  "The 
objective of the free zones shall be to stimulate tr ade and industrial export activity, helping to extend 
to investment and employment the increase in effici ency and reduction in costs associated with the 
activities developing within such zones.  The free zones shall function in accordance with national 
trade policy, shall contribute to the growth and competitiveness of the economy and shall be fully 
incorporated into the regional integration process." 
  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 19 
 
 
 4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Laws Nos. 24,331 and 25,005 and Decree No. 932/98. 
5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
 Exemption from duties on the importation for consumption for goods entering the free zone 
and for goods leaving the free zone for third count ries; charges for services effectively rendered are 
excluded from these exemptions (Articles 24 and 25 of Law No. 24,331).   Exemption from the payment of national tax es on basic services rendered within the free 
zone.  For this purpose, basic services mean thos e involving the provision of telecommunications, gas, 
electricity, running water, sewage and drainage.   There are no economic prohibitions in force.  6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 The exemptions benefit persons  engaged in activities within the free zone in accordance with 
Law No. 24,331. 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 Lack of data makes such calculations impossible. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Benefits under this legislation apply from the commencement of activities within the free 
zone, in accordance with the conditions  established by Law No. 24,331. 
CAPITAL GOODS, INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS 
REGIME  
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Capital goods, information technolog y and telecommunications regime.  
Decrees Nos. 379/2001 and 502/2001. 
2. Period covered by the notification 
 1 January to 31 December 2001. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 20 
 
 
 3. Policy objective and/or purpose of the subsidy 
 The objective of the legislation in this area is  set out in Article 1 of Decree No. 502/2001.  
This is an incentives regime for manufacturers in the capital goods, information technology and 
telecommunications sectors with establishments in national territory.  Given that tariffs were reduced 
to zero per cent, pursuant to Resolutions Nos. 8/20 01 and 27/2001, the purpose of the regime is to 
maintain competitive conditions for domestically  produced capital goods in relation to imports. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Decree No. 379/2001:  Ministry of Economy, Works and Public Services. 
 Decree No. 502/2001:  Ministry of Economy, Works and Public Services - Department of 
Industry. 
 Resolution No. 8/2001:  Ministry of Economy,  Works and Public Services - Department of 
Industry. 
 Resolution No. 27/2001:  Ministry of Economy,  Works and Public Services - Department of 
Industry. 
5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
Tax bond, to be applied to the payment of nationa l taxes, of a value equivalent to ten per cent 
(10%) of the amount resulting from the deduction from the sales price of the value of imported inputs, 
parts or components incorporated in the goods and cleared through customs at an import duty of zero per cent (0%). 
6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 The exemptions benefit manufacturers in the capital goods, information technology and 
telecommunications sectors with industrial establishments in national territory. 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 Lack of data makes such calculations impossible. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Benefits under this legislati on apply until 31 December 2005.  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 21 
 
 
 ANNEX 1:  FREE ZONES 
Resolution No. 898/95 Río Gallegos and Ca leta Olivia.  Province of Santa Cruz 
Resolution No. 33/96 Sierra Grande.  Province of Río Negro Resolution No. 33/96 Justo Daract.  Province of San Luis 
Resolution No. 70/96 Zapala.  Province of Neuquén 
Resolution No. 78/96 Frías.  Province of Santiago del Estero Resolution No. 79/96 Jachal.  Province of San Juan Resolution No. 80/96 Cruz Alta.  Province of Tucumán Resolution No. 275/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 320/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 286/96 General Pico.  Province of La Pampa Resolution No. 549/96 General Güemes.  Province of Salta Resolution No. 553/96 Perico and La Puna.  Province of Jujuy Resolution No. 767/96 Luján de Cuyo.  Province of Mendoza 
Resolution No. 768/96 Villa Cons titución.  Province of Santa Fe 
Resolution No. 769/96 Córdoba.  Province of Córdoba Resolution No. 3235/96 La Plata.  Province of Buenos Aires Resolution No. 165/97 Paso de los Libres.  Province of Corrientes Resolution No. 322/97 San Fernando.  Province of Chaco Resolution No. 634/97 Clorinda.  Province of Formosa 
Resolution No. 964/97 Chamical and Felipe Varela.  Province of La Rioja 
Resolution No. 655/98 Tinogasta.  Province of Catamarca  Resolution No. 678/99 Puerto Iguazú.  Province of Misiones Resolution No. 442/01 Bahía Blanca Cnel.  Rosales.  Province of Buenos Aires 
All of these Resolutions were issued by the Mini stry of the Economy, Works and Public Services, 
except for Resolution No. 3235/96, which was issu ed by the National Customs Administration. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 22 
 
 
  The following is Argentina's new and full notifi cation for 2003, pursuant to Article XVI.1 of 
the GATT 1994 and Article 25 of the Agreement on Subsidies and Countervailing Measures, 
corresponding to the period 1 January to 31 December 2003 (G/SCM/N/95/ARG).  
 
Contents
 
Page  
MINING......................................................................................................................... ..... 23 
FORESTRY ACTIVITY .................................................................................................... 25 
FREE ZONES.....................................................................................................................  27 
CAPITAL GOODS, INFORMATION TECHNOLOGY AND 
TELECOMMUNICATIONS REGIME..............................................................................  28 
ANNEX 1 .................. ..................................................................................................... .... 30  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 23 
 
 
 MINING 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Tax exemptions.  Article 270 of the Mi ning Code, as amended by Law No. 10,273. 
 
 Promotion of mining activities.  Law No. 22,095.   Promotion of mining activities.  Decree No. 554/81, regulating Law No. 22,095.  
 Mining investment.  Law No. 24,196. 
  Mining investment.  Decree No. 2,686/93, regulating Law No. 24,196, and amendments 
thereto (Decree No. 1403/97 and Resolutions Nos. 242/96 and 198/98).  
 Mining investment.  Law No. 24,296;  amendment to Article 6 of Law No. 24,196. 
  Value-added tax financing regime.  Law No. 24,402. 
  Value-added tax financing regime.  Decr ee No. 779/95, regulating Law No. 24,402 and 
amendments thereto (Decrees Nos. 216/96 and 1343/99). 
 
 Law No. 24,228,  Federal Mining Agreement.  
2. Period covered by the notification 
 1 January to 31 December 2003. 
3. Policy objective and/or purpose of the subsidy 
 The purpose of the legislation in question is to encourage mining activities in order to 
contribute to the country's development, ensure th e rational exploitation of mining resources, generate 
employment and diversify regional economies.  
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Law No. 22,095:  Ministry of the Economy, Works and Public Services. 
  Decree No. 554/81:  Ministry of the Economy, Works and Public Services.  
 Law No. 24,196:  Ministry of the Economy, Works and Public Services. 
  Decree No. 2,686/93:  Ministry of the Economy, Works and Public Services.   Law No. 24,296:  Ministry of the Economy, Works and Public Services.  
 Law No. 24,402:  Ministry of the Economy, Works and Public Services. 
 G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 24 
 
 
 5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
 Law No. 10,273 (amendment to Article 270 of the Mining Code):  Tax exemptions. 
  Law No. 22,095:  Tax concessions and exempti ons.  Special promotion:  tax concessions and 
exemptions, deferment of payment, customs exemptions. 
  Promotion of mining activities:  fina ncing and non-repayable contributions. 
  Law No. 24,196:  Tax stability.  Tax con cessions and exemptions.  Customs exemptions. 
 
 Law No. 24,402:  Value-added tax financing regime.   Law No. 24,228:  Tax elimination.  6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 Law No. 10,273 (amendment to Article 270 of the Mining Code):  the tax exemptions relate 
to mines granted to private individuals.  
 Law No. 22,095: potential beneficiaries of  this Law are natural persons domiciled in 
Argentina and legal persons incorporated in the coun try or authorized to act within its territory who 
are engaged in the mining activities set out in Article  6 of the Law.  The benefits of the special 
promotion are granted to persons who apply for th em under Chapter IV of the Law. Loans and non-
repayable contributions are granted pursuant to Articles 21, 22, 23 and 24. 
 
 Law No. 24,196: all natural persons domiciled in  Argentina and legal persons incorporated in 
the country or authorized to act within its territo ry can take advantage of the regime established under 
this Law provided that they are engaged in th e mining activities set out in Article 5 thereof. 
  The tax stability granted by this Law mean s that enterprises engaged in mining activities 
within the framework of this inv estment regime are not liable, be yond the total tax burden determined 
at the time of submission of the relevant feasib ility study, to increases in the taxes and duties, of 
whatever description, imposed by the national, provincial or municipal authorities adopting this regime or to the introduction of new taxes which w ould legally extend to them, as subject to such 
authorities.  It also applies to the foreign-excha nge and tariff regimes, excl uding exchange parity and 
refunds, repayments and/or drawback of taxes on ac count of export activities.  It does not apply to 
value-added tax.   Tax stability is granted for thirty (30) years from the date of submission of the feasibility study for the mining ventures included in the regime.  
 Law No. 24,402:  this Law has instituted a regi me for financing payment of value-added tax 
through credit lines granted by financial entities.  Th e beneficiaries of this regime are the purchasers 
or importers of the goods referred to in the Law (Article 1), inasmuch as they are intended for 
productive process, and persons subject to the regime  established under Law No. 24,196 who invest in 
civil and construction works to provide the infr astructure required for the production of goods. 
 
 Law No. 24,228:  the provinces are called upon to eliminate taxes on mining activities from their legislation pursuant to points 9 and 10 of the Federal Mining Agreement.  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 25 
 
 
  
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year , or both) is not possible, a full explanation.  
The amounts disbursed for the development of mining activity for the period 2001-2003 were 
as follows: 
  2001
 2002  2003  
 Law No. 24,196  12.1 15.5 16.2 
 Tax concessions  3.4 33.7 1.3 
 Law No. 22,095  2.8 2.5 2.3 
N.B.: In millions of pesos. 
Source:  Department of Mining, Ministry of Federa l Planning, Public Investment and Services. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Law No. 24,402: pursuant to Decree No. 1343/99, the regime will come to an end on 
31 December 2005. 
FORESTRY ACTIVITY 
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Promotion of forestry activity.  Law No. 13,273 (regulatory enactment by 
Decree No. 710/95). 
 Promotion of forest plantations.  Decree No. 711/95.  Tax Stability.  Law No. 24,857.  Promotion of investment for cultivated for ests.  Law No. 25,080 (regulatory enactment by 
Decree No. 133/99 and Amendment Resolutions Nos. 610/99, 152/00 and 22/01). 
2. Period covered by the notification 
 1 January to 31 December 2003. 
3. Policy objective and/or purpose of the subsidy 
 The environmental and economic potential of Ar gentina's forestry sector has barely been 
exploited.  The purpose of the legislation in this area is to promote forestry activity throughout the 
country; such activity could encourage medium- and long-term investment and generate employment. 
 G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 26 
 
 
 4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Law No. 13,273 (regulatory enactment by Decree No. 710/95):  Ministry of the Economy, 
Works and Public Services. 
 
 Decree No. 711/95:  Ministry of the Economy, Works and Public Services - Department of Agriculture, Livestock and Fisheries.   Law No. 24,857:  Ministry of Economy, Works and Public Services. 
 Law No. 25,080:  Ministry of Economy, Works and Public Services - Department of 
Agriculture, Livestock, Fisheries and Food. 
5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
 Law No. 13.273 (regulatory enactment by Decree No. 710/95):  customs exemptions and 
promotion measures. 
 
 Decree No. 711/95:  tax credits. 
 Law No. 24,857:  tax stability.  Law No. 25,080:  tax credits. 
6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  
if the latter, how determined) 
 Law No. 13,273 (regulatory enactment by Decree No. 710/95):  the equipment, tools, drugs, 
seeds, cuttings and other elements needed for afforest ation, the reforestation of the country and survey 
work are exempted from customs duties.  
 Decree No. 711/95:  a tax credit, in a fixed am ount per hectare of forest qualified as eligible, 
is granted to natural and legal pe rsons owning cultivated forests for the forestry activities of planting, 
pruning, thinning or other silvicultural treatments.   Law No. 24,857: tax stability is enjoyed by a ll forestry and forest exploitation activities 
coming under Law No.13,273.  By tax stability it is meant that enterprises engaged in forestry or 
forest exploitation activities are not liable, beyond the total tax burden determined at the time of 
submission of the relevant feasibility study, to increases in the taxes a nd duties, of whatever 
description, imposed by national, provincial or m unicipal authorities or to the introduction of new 
taxes which would legally extend to th em as subject to such authorities. 
 Value-added tax is refunded on the purchase or definitive importation of goods, leases or the 
provision of services effectively intended as an investment under the forestry project.  Non-repayable 
economic support is granted to planted forests of not  less than five hundred (500) hectares on a scale 
established by the Law.  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 27 
 
 
 7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 The total non-repayable amounts disbursed for economic support for the period 2001-2003 
were as follows: 
 2001 19.0 million pesos 
 2002 8.3 million pesos  2003 42.0 million pesos 
Source:  Department of Agriculture, Livestock, Fisheries and Food - Ministry of Economy and 
Production. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Law No. 13,273 has been applicable since its  entry into force on 14 October 1948;  its 
Regulatory Decree became applicable on 4 December 1995.  
 Laws Nos. 24,857 and 25,080 have been appl icable since their en try into force on 
11 September 1997.  Undertakings under the regime will benefit from tax stability for a period of up 
to thirty (30) years from the date of approval of the corresponding project. 
 Law No. 25,080:  The benefits granted w ill apply to undertakings approved within 
ten (10) years of the enactment of the Law.  
FREE ZONES (Law No. 24.331)  
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Free Zones.  Law No. 24,331 (the resolutions establishing the exploitation concessions and 
operating regulations and standards fo r free zones appear in the Annex). 
 Free Zones.  Law No. 25,005 and Regulatory Decree No. 932/98. Amendment to Article 44 
of Law No. 24,331. 
2. Period covered by the notification 
 1 January to 31 December 2003. 
3. Policy objective and/or purpose of the subsidy 
 The policy objective in this respect is set out in Article 4 of Law No. 24,331 as follows:  "The 
objective of the free zones shall be to stimulate tr ade and industrial export activity, helping to extend 
to investment and employment the increase in effici ency and reduction in costs associated with the 
activities developing within such zones.  The free zones shall function in accordance with national 
trade policy, shall contribute to the growth and competitiveness of the economy and shall be fully 
incorporated into the regional integration process."  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 28 
 
 
 4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Laws Nos. 24.331 and 25.005 and Decree No. 932/98. 
5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
 Exemption from duties on the importation for consumption for goods entering the free zone 
and for goods leaving the free zone for third count ries; charges for services effectively rendered are 
excluded from these exemptions (Articles 24 and 25 of Law No. 24,331).   Exemption from the payment of national tax es on basic services rendered within the free 
zone. For this purpose, basic services mean those i nvolving the provision of telecommunications, gas, 
electricity, running water, sewage and drainage.   There are no economic prohibitions in force. 
6. To whom and how the subsidy is provi ded (whether to producers, to exporters or 
others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if the latter, how determined) 
 The exemptions benefit persons  engaged in activities within the free zone in accordance with 
Law No. 24,331. 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year 
covered by the notification, the previous year, or both) is not possible, a full explanation. 
 Lack of data makes such calculations impossible. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Benefits under this legislation apply from the commencement of activities within the free 
zone, in accordance with the conditions  established by Law No. 24,331. 
CAPITAL GOODS, INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS 
REGIME  
1. Title of the subsidy programme, if relevant,  or brief description or identification of the 
subsidy 
 Capital goods, information technology an d telecommunications regime.  Decree No. 
379/2001 and Decree No. 502/2001. 
2. Period covered by the notification 
 1 January to 31 December 2003. 
3. Policy objective and/or purpose of the subsidy 
 The objective of the legislation in this area is  set out in Article 1 of Decree No. 502/2001.  
This is an incentives regime for manufacturers in the capital goods, information technology and 
telecommunications sectors with establishments in national territory.  Given that tariffs were reduced  G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
 G/SCM/N/71/ARG, G/SCM/N/95/ARG  Page 29 
 
 
 to zero per cent, pursuant to Resolutions Nos. 8/20 01 and 27/2001, the purpose of the regime is to 
maintain competitive conditions for domestically  produced capital goods in relation to imports. 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted) 
 Decree No. 379/2001:  Ministry of Economy, Works and Public Services. 
 Decree No. 502/2001:  Ministry of Economy, Works and Public Services - Department of 
Industry. 
 Resolution No. 8/2001:  Ministry of Economy,  Works and Public Services - Department of 
Industry. 
 Resolution No. 27/2001:  Ministry of Economy,  Works and Public Services - Department of 
Industry. 
5. Form of the subsidy (i.e., gr ant, loan, tax concession, etc.) 
Tax bond, to be applied to the payment of nationa l taxes, of a value equivalent to ten per cent 
(10%) of the amount resulting from the deduction from the sales price of the value of imported inputs, 
parts or components incorporated in the goods and cleared through customs at an import duty of zero 
per cent (0%). 
6. To whom and how the subsidy is provi ded (whether to producers, to exporters 
or others;  through what mechanism;  whether a fixed sum or fluctuating amount per unit;  if 
the latter, how determined)  
 The exemptions benefit manufacturers in the capital goods, information technology and 
telecommunications sectors with industrial establishments in national territory. 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in 
the previous year).  Where provision of per-unit subsidy information (for the year covered by the notification, the previous year, or both) is not possible, a full explanation. 
 Lack of data makes such calculations impossible. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement 
 Benefits under this legislati on apply until 31 December 2005. G/SCM/N/48/ARG/Suppl.1, G/SCM/N/60/ARG,  
G/SCM/N/71/ARG, G/SCM/N/95/ARG Page 30 
 
 
 ANNEX 1:  FREE ZONES 
Resolution No. 898/95 Río Gallegos and Ca leta Olivia.  Province of Santa Cruz 
Resolution No. 33/96 Sierra Grande.  Province of Río Negro Resolution No. 33/96 Justo Daract.  Province of San Luis 
Resolution No. 70/96 Zapala.  Province of Neuquén 
Resolution No. 78/96 Frías.  Province of Santiago del Estero Resolution No. 79/96 Jachal.  Province of San Juan Resolution No. 80/96 Cruz Alta.  Province of Tucumán Resolution No. 275/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 320/96 Comodoro Rivadavia.  Province of Chubut 
Resolution No. 286/96 General Pico.  Province of La Pampa Resolution No. 549/96 General Güemes.  Province of Salta Resolution No. 553/96 Perico and La Puna.  Province of Jujuy Resolution No. 767/96 Luján de Cuyo.  Province of Mendoza 
Resolution No. 768/96 Villa Cons titución.  Province of Santa Fe 
Resolution No. 769/96 Córdoba.  Province of Córdoba Resolution No. 3235/96 La Plata.  Province of Buenos Aires Resolution No. 165/97 Paso de los Libres.  Province of Corrientes Resolution No. 322/97 San Fernando.  Province of Chaco Resolution No. 634/97 Clorinda.  Province of Formosa 
Resolution No. 964/97 Chamical and Felipe Varela.  Province of La Rioja 
Resolution No. 655/98 Tinogasta.  Province of Catamarca  Resolution No. 678/99 Puerto Iguazú.  Province of Misiones Resolution No. 442/01 Bahía Blanca Cnel.  Rosales.  Province of Buenos Aires 
All of these Resolutions were issued by the Mini stry of the Economy, Works and Public Services, 
except for Resolution No. 3235/96, which was issu ed by the National Customs Administration. 
 
__________