The rule, published on Tuesday in the Official Gazette and signed by the President Javier Milei Together with the chief of cabinet, Guillermo Francos, and the Minister of Economy, Luis Caputoit establishes that exporters must liquidate at least 90% of the currencies generated by operations within three business days after the officialization of the boarding permit.
In case of non -compliance, the aliquot corresponding in force before the entry into force of the measure, in addition to the sanctions provided by current legislationand the exporter will lose the benefit granted.
Objectives of the Decree
The decree indicates that the decision is part of the progressive reduction policy of the export rightsconsidered a “Distortive tax”and seeks to improve the competitiveness of one of the most dynamic productive sectors in the country.
The authority also ordered that the Central Bank, the Ministry of Agriculture, Livestock and Fisheries and the Customs Collection and Control Agency dictate the Complementary and operational standards necessary for the application of the measure.
The resolution adds to previous provisions, such as the Decree 697/2024 which reduced the withholdings of some agroindustrial products, and the Decree 682/2025 which established in 0% the aliquot of certain grains and by -products.
The measure had been anticipated yesterday by the presidential spokesman, Manuel Adorniand is aimed at achieving a Greater currency offer Before a market that until last week was euphoric in search of dollars.
“This is the only government that, given the adversities, responds by lowering taxes”said Adorni.
Previous withholding cuts
It is worth remembering that prior to this announcement, the withholdings were reduced from the 6.75% to the 5% Permanently, as announced by the president Javier Milei last July in Palermoas part of the general cuts of the Export rights For various agricultural products.
Source: Ambito
