The Argentine government has backed down on its plan to tax wine after complaints about the initiative from the local industry, the governor of Mendoza, one of the largest wine-producing provinces in the South American country, said on Thursday (09.11.2017).
Following a meeting with President Mauricio Macri, who had included a 10% tax on the beverage in the tax reform project that he will send to Congress, Governor Alfredo Cornejo said that the government had finally given up on the plan, which was opposed by a wine sector that is under attack.
"Macri has confirmed to me that the tax on wine will not go to Congress, so it remains at 0 percent"Said Cornel According to a statement from the province of Mendoza
Argentina is the world's sixth largest producer of wine and the tenth largest global exporter of the beverage.
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