Macri government plans new tax reform in line with Mercosur-EU agreement

"The agreement puts cap on export duties. This makes us, after the entry into force, we can put as a maximum of 14% for complex soy products destined for the European Union, whereas they are now around 28%"Said Reyser.

In statements to The voice of the interior, the official said that set lower ceilings for taxes, since Argentina also needs it to make its productivity more competitive.

As an example, he said that when the provisional decree of three and four pesos for the dollar of industrial exports at the end of 2020 will cease to exist, a zero rate will also be applied, which will "make all companies more competitive ".

Reyser, who was the chief negotiator of Argentina as a member of Mercosur, said that this agreement "has a horizon of 10 to 15 years"So, at that time, the country should structurally change some issues.

"We, from before, We will reduce taxes, export rights. We have to work on provincial taxes that can create distortions, "said the official.

And he pointed out that the Minister of Finance, Nicolás Dujovne, such as production and work, Dante Sica"they will work on a long-term tax reform, which is already applied in a certain way in terms of reducing income tax.. In that sense, we will go forward. "