Government announces freezing of cuts, discounts and measures for farmers

Government announces freezing of cuts, discounts and measures for farmers

For the neighborhood butcher shops, a 10% VAT refund program will be launched for purchases with debit cards and a deferral in the payment of the monotribute or VAT fee for those responsible registered for 90 days. For its part, Banco Nación will refund 35% for purchases with the BNA debit card.

To expand the offer, the package also includes a 40% subsidy for producers who send calves to feedlot, up to 100 animals for up to eight months, and a sharp reduction in the tax base for leather exports.whose sale price will become the FOB value in Argentina and will no longer be the one currently taken as a reference in the United States.

According to sources from the economic team, for the agreement to freeze seven cuts, which include roast, buttock, matambre, empty, skirt, shoulder and roast lid, 15,000 tons will be dumped on the market. It is noted that in the previous price agreement only 3,000 tons were provided. The establishments that will have the offer are from the Argentine Chamber of Supermarkets and those of the Association of United Supermarkets (ASU), as well as butcher shops.

In the case of neighborhood butcher shops, the 10% refund benefit for consumers will be for businesses registered with the AFIP (whether monotributists or self-employed). It will be made in the client’s accounts within 48 hours with a maximum of $2,000 per month so the maximum purchase is $2000 per month. Banco Nación will participate on Saturdays and Sundays with a 35% refund and a cap of $3,000.

For merchants, a deferral of payment is expected for three months, both for monotributos and the amount of VAT that arises from the affidavits. To this, the Buenos Aires Collection Agency (ARBA) will contribute with a suspension of the payment of Provincial Gross Income for one year. In addition to that, andhe BNA will contribute loans for the purchase of postnets for debit cards, in the case of those who do not have it, up to $5 million.

On the other hand, The AFIP is going to suspend for this year the recategorization of monotributista butchers who, due to billing, have to pass to the general regime.

Up the value chain the measures aim to improve the future supply of meat. The sending of calves to fattening will be subsidized for up to $5,000 per month per animal, for up to 8 months, up to 100 heads. Official sources indicated that the fiscal cost of the measure would be $14.9 billion. The idea is to counteract the effect of drought and is inspired by a request from the Liaison Table. Given the lack of fodder, it is sought that the little that remains is used to improve the quality of the mothers. In this regard, Bahilo will receive the Liaison Table this Tuesday at 7:00 p.m. to analyze the measures announced last week.

For refrigerators, a strong reduction in what is paid in withholdings for exporting leather can be implemented. In this way, it seeks to improve the internal value of the product that today is lacking or is very low and thus improve the cost of the task. For example, In the case of an export of US$150,000, the withholding is currently US$18,650 and will drop to US$6,750.

Source: Ambito

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