Air Treatment Products in Argentina - New Market Report Now Available
Following the passing of Law 26,539 in November 2009 which limits VAT and internal taxes for products manufactured in the southern province of Tierra del Fuego, many Argentinean companies decided to invest in manufacturing in the region. According to leading industry players, the combined effects of the passing of Law 26,539 and the maintenance of import restriction led to the proportion of air conditioners in Argentina which are domestically manufactured rising from 85% in 2009 to 95% in 2011.
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