Argentina signed agreements with Brazil, Mexico, Uruguay, Bolivia, UK, Portugal and France, that will exempt from paying VAT to the exhibitors of these nations wishing to participate in trade fairs and conferences in Argentina. Similarly, national participants will be free of the lien to arise in these countries, whatever the area in which the event runs. Several countries, which include France, Brazil and Britain agreed reciprocity with Argentina for VAT exemption to the activities performed at fairs, conferences and exhibitions, a market that generates an annual investment in the country over 1,500 million and mobilized about 8,600,000 people. This essentially allow the Argentina enhance the potential of a greater number of international to support them in their territory events, as well as promote overall export activity and participation of Argentine different productive sectors in events occurring in countries mentioned. The immediate benefit will be reflected in the increase of foreign visitors to the country, and consequently will be on increased tax revenues by the AFIP for substitutes expenses also promote greater influx of foreign participants in what is called Tourism meetings, allowing Argentina importantly grow in competitiveness in the race for attracting more events, which are those that bring visitors to the country with the highest level of expenditure (3.5 on tourism in general), authorities Argentina Association of Organizers and Suppliers Exhibition and Conference (AOCA). So it will be favored export activity in general, as the Argentines participating in international exhibitions and conferences in different areas on the outside will be applied in these countries by the principle of reciprocity the benefit of exemption. The Secretary of Tourism of the Nation, Enrique Meyer signed with representatives of AOCA, the resolution through which disclosed the list of the top seven countries that comply with the reciprocity of the exemption in the first paragraph of Section 28, subsection H of Article 7 of the Law on value Added Tax (26,079) .Among favored, along with the organizers of fairs, conferences and exhibitions, activities also include, by integrating the value chain of tourism mentioned meetings, hospitality, land, air and sea transport, travel agencies, catering, event technology, temporary personnel, advertising / stand builders, producers of merchandising, publishing architecture, systems of interpretation and translation the car rentals, logistics, credit cards and travel assistance, etc. Acceptance of reciprocity was notified to the Ministry of Tourism of the Nation, an organization that together with AOCA strongly boosted prior standards and certified managements of these reciprocities of the diplomatic missions in Argentina from France, Portugal, Britain, Brazil, Uruguay, Bolivia and Mexico. SECTUR soon communicated the list of new countries to continue adhering to the covenants reciprocal VAT exemption.
