G/SCM/N/372/ARG  
17 December  2021 
(21-9475) Page: 1/8 
Committee on Subsidies  
and Countervailing Measures  Original:  Spanish  
 
  
SUBSIDIES  
NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVI:1 OF  
THE G ATT 1994  AND ARTI CLE 25  OF THE AGREEMENT ON  
SUBSIDIES AND COUNTERVAILING MEASURES  
ARGENTINA  
The following communication , dated  and received on 1 5 December 2 021, is being circulated at the 
request of the delegation of Argentina.  
 
_______________  
 
 
The Argentine Republic hereby submits this new and full notification pursuant to Article XVI:1 of the 
GATT 1994 and Article 25 of the Agreement on Subsidies and Countervaili ng Measures . 
 
1  MINING  
1. Title of the programme  
 
Law No. 10.273 - Tax exemptions  
Law No. 24.196 - Law on m ining investment  
Law No. 24.228 - Federal Mining Agreement  
Law No. 24.402 - Value added tax (VAT) payment financing scheme  
 
2. Period covered by the notification  
 
1 July 2 019 to 30 June 2 021 
 
3. Policy objective and/or purpose  
 
The objective  of the legislation in this area is to encourage mining activities in order to contribute to 
the country's development, ensure the rational exploitation of mining resources, generate 
employment and diversify regional economies.  
 
4. Background and authority  
 
Law No. 10.273  (Official Journal  of 17 November 1 917), as amended  and/or supplemented  by: 
 
‐ Decree No. 5.760/1958 
 
Text of updated Law No. 10.273 available at:  
 
http://servicios.infoleg.gob.ar/infolegInternet/anexos/40000 -44999/43586/norma.htm  G/SCM/N/372/ARG  
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  Law No. 24.196  (Official Journal  of 24 May 1 993), as amended and/or supplemented by : 
 
- Decree No. 2.686/ 1993 (Official Journal  of 3 January 1 994), 
- Decree No. 1.089/ 2003 (Official Journal  of 9 May 2 003), 
- AFIP General Resolution No. 2.019/2006 (Official Journal  of 21 March 2 006), 
- Decree No. 1.722/2011  (Official Journal  of 26 October 2 011), 
- Law No. 25.429  (Official Journal of 1 June 2 001), 
- Joint Resolution No. 4.428/2019 of the Secretariat of Mining Policy  and AFIP 
(Official  Journal of 27 February 2019),  
- Resolu tion No. 30/2018  of the Secretariat of Mining Policy  (Official Journal  
of 2 January  2019), 
- Resolu tion No. 6/2019  of the Secretariat of Mining Policy  (Official Journal  
of 4 February  2019), 
- Resolution No. 9/2019 of the Secretariat of Mining Policy (Official Journal 
of 4 February  2019),  
- Resolution No. 89/2019 of the Secretariat of Mining Policy (Official Journal 
of 28 October  2019),  
- Resolution No. 60/2021 of the Secretariat of Mining (Offi cial Journal of 1 8 March 2 021),  
- Resolution No. 235/2021 of the Secretariat of Mining (Official Journal 
of 8 September  2021).  
Text of updated Law No. 24.196 available at:  
 
http://servicios.infoleg.gob.ar/infolegInternet/anexos/0 -4999/594/texact.htm  
 
Law No. 24.228 : (Official Journal  of 2 August 1 993), as amended and/supplemented by: 
 
- Decree No. 1.591/ 1993 (Official Journal  of 2 August 1 993). 
Updated Law No. 24.228 available at:  
 
http://servicios.infoleg.gob.ar/infolegInternet/anexos/0 -4999/624/norma.htm  
 
Law No. 24.402  (Official Journal  of 9 December 1 994), as amended and/or supplemented by: 
 
- Decree No. 779/1995 (Official Journal  of 5 June 1 995), 
- Decree  No. 216/1996 (Official Journal  of 6 March 1 996), 
- Decree No. 1.343/ 1999 (Official Journal  of 18 November 1 999), 
- Decree No. 349/2000 (Official Journal  of 3 May 2 000), 
- Decree No. 1.188/ 2001 (Official Journal  of 24 September 2 001). 
Updated Law No. 24.402 available at : 
 
http://servicios.infoleg.gob.ar/infolegInternet/anexos/15000 -19999 /16098/texact.htm  
 
5. Form of the subsidy  
 
Law No. 10.273 : Tax exemptions . 
Law No. 24.196 : Tax stability . Tax concessions and exemptions . Customs exemptions.  
Law No. 24.228 : Tax elimination . 
Law No. 24.402 : Financing payment of value added tax . 
 
6. To whom and how the subsidy is provided  
 
Law No. 10.273 : (amendment to Article 270 of the Mining Code) : The tax exemptions relate to 
mines under concession to private individuals.  
 
Law No. 24.196 : All natural persons domiciled in the Argentine Republic and legal persons 
incorporated in the country or authorized to act within its territory that are engaged in the mining 
activities set out in Article 5 of the Law are eligible for the regime . The tax stability granted under 
this Law means that enterprises e ngaged in mining activities within the framework of this investment 
regime are not liable, beyond the total tax burden, to increases in the taxes and duties, of whatever G/SCM/N/372/ARG  
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  description, imposed by the national, provincial or municipal authorities adopting thi s regime or to 
the introduction of new taxes which would legally apply to them, as subject to such authorities . It 
also applies to the foreign -exchange and tariff regimes, excluding exchange parity and refunds, 
repayments and/or drawback of taxes on accoun t of export activities . It does not apply to VAT . Tax 
stability is granted for 30 years from the date of submission of the feasibility study for the mining 
ventures coming under the regime.  
 
Law No. 24.228 : Ratifies the Federal Mining Agreement between the  national government and the 
various provinces . 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.  
 
Law No. 24.402 : Institutes a regime for financing pay ment of VAT through credit lines granted by 
financial entities . The beneficiaries are the purchasers or importers of the goods referred to in Article  
1 of the Law, inasmuch as they are intended for the production process, and persons subject to the 
regime established under Law No. 24.196 that invest in civil and construction works to provide the 
infrastructure required for the production of goods.  
 
7. Total amount  
 
No amounts have been disbursed under the support  programmes . However, tax exemptions have 
been granted under Law No. 24.196 , which represent tax expenditures* of the following amounts:  
 
2019**: ARS 4 ,365.8  million  
2020**: ARS 5 ,530.6  million  
2021** (estimate) : ARS 7 ,688.9  million  
 
* Source : Undersecretariat for Publi c Revenue, Ministry of the Economy.  
 
** As it is not possible to disaggregate the amounts per month, the amounts are provided for a full 
calendar year (thus exceeding the period covered by this notification, with the data referring to all 
of 2019, 2020 and  2021).  
 
8. Duration 
 
Although Law No. 24.402 has not been repealed, its period of applicability has expired.  
 
The legislation does not stipulate end dates for the other programmes.  
 
9. Trade effects  
 
It is not possible to determine the effects that the application of these provisions  may have on trade . 
 
2  FORESTRY ACTIVITY  
1. Title of the programme  
 
Law No. 25.080  - Investment in Cultivated Woodland  
 
2. Period covered by the notification  
 
1 July 2 019 to 30 June 2 021 
 
3. Policy objective and/or purpose  
 
Given that the  considerable development potential of Argentina's forestry sector has thus far barely 
been explored , the purpose is to promote forestry activity throughout the country, in the interests 
of fostering medium - and long -term investment and generating employment.  
 G/SCM/N/372/ARG  
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  4. Background and authority  
 
Law No. 25.080  (Official Journal  of 19 January 1 999), as amended and/or supplemented by the 
following legislation:  
 
- Law No. 26.432  (Official Journal  of 29 December 2 008), 
- SAGyP Resolution  No. 33/2013  (Official Journal  of 8 January 2 014), 
- Former SAGPyA Resolution No. 851/2005  (Official Journal  of 1 November 2 005), 
- SAGyP Resolution No. 102/2010  (Official Journal  of 11 March 2 010), 
- SAGyP Resolution No. 91/2011  (Official Journal  of 11 February 2 011), 
- Joint Resolution No.10 /2001 of AFIP and No. 157/2001  of former SAGPyA  
(Officia l Journal  of 14 March 2 001), 
- AFIP General Resolution No. 1042/2001  (Official Journal of  16 July 2 001), 
- Former SAGPyA Resolution  No. 1051/200 1 (Official Journal of 24 December 2 001), 
- SAGyP Resolution No. 76/2011  (Official Journal  of 11 December 2 011), 
- SAGyP Resolution No. 281/2012  (Official Journal of  16 September 2 012), 
- SAGyP Resolution No. 415/2013  (Official Journal  of 22 October 2 013), 
- SAGyP Resolution No. 190/2015  (Official Journal of  26 May 2 015), 
- SAGyP Resolution No. 219/2016  (Official Journal of 25 October 2 016), 
- SAGyP  Resolution No. 10/2018  (Official Journal of  18 January 2 018), 
- Law No. 27.487  (Official Journal of 4 January 2 019), 
- SAGyP  Resolution No. 134/2019 (Official Journal of  26 July 2 019),  
- SAGyP  Resolution No. 138/2019 (Official Journal of  29 July 2 019),  
- SAGyP  Resolution No. 116/2020 (Official Journal of  27 October 2 020),  
- SAGyP  Resolution No. 22/20121 (Official Journal of  17 March 2 021).  
Updated Law No. 25.402 available at:  
 
http://servicios.infoleg.gob.ar/infolegInternet/anexos/55000 -59999/55596/texact.htm  
 
5. Form of the subsidy  
 
Non-repayable economic support and fiscal benefits . 
 
6. To whom and how the subsidy is provided  
 
Law No. 25.080 : Beneficiaries are natural or legal persons making actual investments in the 
activities covered by the Law.  
 
Non-repayable economic support is a money amount that is calculated per hectare and varies 
according to zone, species and forestry activity, as deter mined by the implementing authority . 
Fiscal benefits are granted to natural or legal persons engaged in activities covered by the Law, 
which provides tax stability and exemptions.  
 
7. Total amount  
 
The total non -repayable amount disbursed for economic support for the period covered by the 
present noti fication was ARS 679 .4 million . 
 
*Source : National Directorate of Industrial Forestry Development - Ministry of Agriculture, Livestock 
and Fisheries . 
 
Tax exemptions granted under Law No. 25.080 represent tax expenditures* of the following 
amounts:  
 
2019** : ARS 69 .7 million  
2020** : 87.6 million  
2021** (estimate) : ARS 36 .5 million  
 
* Source : Undersecretariat for Public Revenue, Ministry of the Economy.  
 G/SCM/N/372/ARG  
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  ** As it is not possible to disaggregate the amounts per month, the amounts are provided for a full 
calendar year (thus exceeding the period covered by this notification, with the data referring to all 
of 2019, 2020 and 2021).  
 
8. Duration  
 
The benefits gra nted under Law No. 25.080 apply to all undertakings approved within 10 years of 
the enactment of the Law and the subsequent extensions thereof and amendments thereto . The last 
extension was established under Law No. 27.487 (Official Journal of 4 January 2 019).  
 
The "tax stability" enjoyed by the undertakings covered by Law No. 25.080 is  granted for a period 
of up to 30 years from the date of approval of the corresponding project . The implementing authority 
may, accord ing to  the area and cycle of  species planted, extend the period to up to a maximum of 
50 years.  
 
9. Trade effects  
 
No data available  
 
3  FREE ZONES  
1. Title of the programme  
 
Law No. 24.331 - Free Zones  
Law No. 25.005 - Free Zones  
2. Period covered by the notification  
1 July 2 019 to 30 June 2 021 
3. Policy objective and/or purpose  
As stated in Article 4 of Law No. 24.331 : "The objective of the free zones shall be to stimulate trade 
and industrial export activity, helping to extend to investment and employment the increase in 
efficiency 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 econ omy and shall be fully incorporated into the regional integration process" 
(see Annex) . 
4. Background and authority  
Law No. 24.331  (Official Journal  of 17 June 1 994) 
Law No. 25.005  (Official Journal  of 18 August 1 998) and its Regulatory Decree No. 932/98  
(Official  Journal  of 18 August 1 998) 
 
5. Form of the subsidy  
- Exemption from duties on the importation for consumption of goods entering the free  
zone and goods leaving the free zone for third countries . Charges for services effectively  
supplied are excluded from these exemptions (Articles 24 and 25 of Law No. 24.331).  
- Exemption from the payment of national taxes on basic services supplied within the free 
zone. For this purpose, basic services mean those involving the provision of 
telecommunications, gas, electricity, running water, and drainage and treatment of 
sewage.  
There are no economic prohibitions in force.  
6. To whom and how the subsidy is provided  
The exemptions benefit physical and legal persons who obtain the right to engage i n activities within 
the free zone under the conditions established by  Law No. 24.331.  G/SCM/N/372/ARG  
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  7. Total amount  
Lack of data makes such calculations impossible.  
8. Duration  
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.  
9. Trade effects  
No data available  
4  CAPITAL GOODS, INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS  REGIME  
1. Title of the programme  
Decree No. 379/2001  - Capital Goods, Information Technology and Telecommunications Regime  
Decree No. 502/2001  - Capital Goods, Information Technology and Telecommunications Regime  
 
2. Period covered by the notification  
 
1 July 2 019 to 30 June 2 021 
 
3. Policy objective and/or purpose  
 
Incentive regimes for  manufacturers in the capital goods, information technology and 
telecommunications sectors  (Article 1 of Decree No. 379/2001) . 
 
4. Background and authority  
 
Decree No. 502/2001  (Official Journal  of 2 May 2 001) 
Decree No. 379/2001  (Official Journal  of 30 March 2 001) 
 
- Former ME Resolution No. 8/2001  (Official Journal  of 27 March 2 001), 
- Former ME Resolution No. 27/2001  (Official Journal  of 10 April 2 001), 
- Decree No. 594/2004  (Official Journal  of 13 May 2 004), 
- Decree No. 201/2006  (Official Journal  of 24 February 2 006), 
- Former SICPYME Resolution No. 224/2006  (Official Journal  of 28 July 2 006), 
- Former SICPYME Resolution No. 542/2006  (Official Journal  of 3 January 2 007), 
- Decree No. 2316/2008  (Official Journal  of 7 January 2 009), 
- Decree No. 917/2010  (Official Journal  of 8 July 2 010), 
- Decree No. 362/2011  (Official Journal  of 30 March 2 011), 
- Decree No. 430/2012  (Official Journal  of 21 March 2 012), 
- Decree No. 1027/2012  (Official Journal  of 2 May 2 012), 
- Decree No. 480/2013  (Official Journal  of 2 May 2 013), 
- Decree No. 1591/2013  (Official Journal  of 23 October 2 013), 
- Decree No. 965/2014  (Official Journal  of 23 June 2 014), 
- Decree No. 2512/2014  (Official Journal  of 19 December 2 014), 
- Decree No. 451/2015  (Official Journal  of 20 March 2 015), 
- Decree No. 1.424/2015  (Official Journal  of 28 July 2 015), 
- Decree No. 51/2016  (Official Journal  of 8 January 2 016), 
- Decree No. 824/2016  (Official Journal  of 1 July 2 016), 
- Decre e No. 1.348/2016  (Official Journal  of 2 January 2 017), 
- Decre e No. 593/2017  (Official Journal  of 31 July 2 017), 
- Resolu tion No. 803/2017 of the Secretariat of Industry and Services  (Official Journal  
of 2 October  2017), 
- Decre e No. 229/2018  (Official Journal  of 19 March 2 018), 
- Resolu tion No. 11/2018 of the Secretariat of Industry  (Official Journal  of 3 April 2018), 
- Decree No. 196/2019  (Official Journal  of 15 March 2 019), 
- Resolution No. 47/2019 of the Secretariat of Industry  (Official Journal  of 1 April 2019), 
- Decree No. 96/2020 (Official Journal of 2 2 January 2 020),  
- Decree No. 1.051 (Official Journal of 2 6 December 2 020).  G/SCM/N/372/ARG  
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  5. Form of the subsidy  
 
The benefit consists of a transferable tax credit bond, equivalent to a percentage of sales, granted 
in the case of goods that are classified in the list set out in the Annex to Decree No. 379/2001  and 
the supplementing and amending regulations thereto . 
 
6. To whom and how the s ubsidy is provided  
 
Manufacturers of goods in the capital goods, information technology and telecommunications sectors 
which are included in the Annex to Decree No. 379/2001 and the supplementing and amending 
regulations thereto . 
 
7. Total amount  
 
Tax exem ptions granted under Law No. 25.080 represent tax expenditures* of the following 
amounts:  
 
2019**: ARS 17 ,195.8  million  
2020**: ARS 5 ,353.4  million  
2021** (estimate) : ARS 7 ,096.9  million  
 
* Source : Undersecretariat for Public Revenue, Ministry of the Economy.  
 
** As it is not possible to disaggregate the amounts  per month , the amounts  are provided for a full 
calendar year ( thus exceeding the period covered by this notification,  with the data refer ring to all 
of 2019, 2020 and 2021).  
 
8. Duration  
 
Under  Decree No. 1051/2020  (Official Journal  of 29 December 2 020), the regime was extended until 
31 December 2 021. 
 
9. Trade effects  
 
No data available  
  G/SCM/N/372/ARG  
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  ANNEX : FREE ZONES  
Free zone  Town  Resolu tion Nº Effective 
date  
San Luis  Justo Daract  270/98 (AFIP)  24.04.1998  
Córdoba  Córdoba  541/99 (AFIP)  05.04.1999  
General Pico  General Pico  717/99 (AFIP)  10.04.1999  
Mendoza  Luján de Cuyo  587/99 (AFIP)  18.05.1999  
Comodoro Rivadavia  Comodoro Rivadavia  1019/01 (AFIP)  06.06.2001  
Salta Salta 1074/01 (AFIP)  28.08.2001  
Iguazú  Puerto Iguazú  1230/02 (AFIP)  06.03.2002  
C. del Uruguay  C. del Uruguay  2422/08 (AFIP)  07.03.2008  
Buenos Aires  La Plata  1240/02 (AFIP)  25.03.2002  
Bahía Blanca  Punta Alta  3179/11 (AFIP) and 3396/12 
(AFIP)  24.10.2012  
Villa Constitución  Villa Constitución , province of 
Santa Fe  4024/17 (AFIP)  05.04.2017  
Bahía Blanca  Puerto Galván  RG AFIP Nº 4241/2018  11.05.2018  
Rio Gallegos  Rio Gallegos Santa Cruz  RG AFIP 4399 /19-4545/19 and 
4340/18  8.08.2019  
 
__________