At an informal meeting of the WTO Market Access Committee on 23 June 2017, several WTO Members raised concerns about Argentine Law No. 27,263‘Regime for the Development and Strengthening of the Argentine Auto-Parts Industry: Benefits and Incentives’, which entered into force on 2 August 2016, by which Argentina grants tax credits to local vehicle manufacturers conditioned upon the use of domestic inputs.
Specifically, through Law 27,263, Argentina provides the following conditional tax credits to domestic automobile producers...
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