Argentina deputy proposes cutting egg VAT from 21% to 10.5%, in talks with ruling party

Argentine deputy Javier Sánchez Wrba (PRO) is drafting a proposal to reduce the VAT on eggs from 21% to 10.5%, and is negotiating with the ruling party for inclusion in the budget. The proposal argues that formalizing the egg sector would offset the initial revenue loss and generate an additional US$40 million for the state in the first year. The outcome is uncertain pending legislative negotiations.