"Wine in Argentina" Now Available at Fast Market Research
Sparkling wine kept expanding in 2012 due to the government tax exemption established by law No. 57, signed in January 2005 between the Ministry of Economy and Instituto Nacional de Vitivinicultura (INV), encouraging the expansion of the national wine sector. The law introduced the unusual concept of replacing taxes with investments; therefore the domestic tax payment of 12% applied to sparkling wines was suspended for 10 years, and in exchange the industry invested 25% more than the tax value...
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