Zero tax rates for avocado growers in Argentine province

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Zero tax rates for avocado growers in Argentine province

The Argentine provincial government of Tucumán has granted zero tax rates on gross income for avocado producers, with benefits set to apply until April 2012, website Lagaceta.com.ar reported.

The move follows an extension of tax concessions for the province's citrus, blueberry and strawberry industries.

The government made the decision as the avocado industry was in a similar state of crisis to the other fruits, sparking a need to reduce the tax burden to boost primary production, the story reported.

The measure takes full effect for the May monthly tax payment and will be valid until April 30 next year.

The story reported most of the province's avocado production was bound for export and was mostly of the Hass variety.

Related story: Argentine province to extend fruit farmer benefits

www.freshfruitportal.com

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