“We need these distortive taxes that make production difficult to disappear completely.”

The President of the Milling Industry Association (FAIM), Diego Cifarellianalyzed for Canal E the permanent reduction in withholding tax recently announced by the Minister of Economy Luis Caputo, the impact on the wheat chain, the lack of industrial competitiveness and the structural challenges facing the sector to export more and better.

“The day surprised us,” admitted Diego Cifarelli about the announcement. However, he clarified that the signal is consistent with the government’s vision: “We know it is a government Who’s afraid of taking it to zero?we really know, we know, we know how the minister thinks, we know how the president thinks, that all taxes that distort productive costs are not liked“.

The milling industry welcomes the reduction in withholding tax

The withdrawal was received positively by the Milling Industry Association, albeit with a warning: “It was of course welcomed, we welcome it with great pleasure, but it is clear what we need.” is that these distorting taxes that make production more difficult will disappear completely“. In this context he noted: “Argentina must.” Have clarity in order to be able to produce and exportThis is what will make us a great country as a country looking for more customers in the world.”

For Cifarelli, the goal is clear: “I’m sure we’ll take part sooner rather than later up to the complete elimination of export duties“.

Structural reforms are also necessary for the further development of the sector

In addition to the specific tax relief, he focused on the structural reforms, which he considers essential. “We believe that the two reforms have been submitted to Congress They are superior to what we have. We actually have laws in place that come from another moment, another time, that are not competitivethat deprive companies of their competitiveness.”

In this sense, the interviewee defended the business community against recurring criticism: “I am sure and fully convinced that the Argentine business community wants to continue providing work, doing more work and producing more.” It is not true that entrepreneurs want to speculate“And he added: “The only thing employers want is to be able to buy a new machine, to be able to hire a new worker, And today the laws pose no threat to it“.

In tax matters, he commented: “The amount of taxes you pay today to determine the final price of your goods it is impossibleAs an example, he cited a structural paradox of the sector: “Brazil is the first buyer of Argentine wheat and Brazil, which buys Argentine wheat, It is the first bakery exporter in the world“.