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ARTICLE · 08 OCTOBER 2015

WTO Panel Rejects Argentina's Tax Transparency Penalties

Mayer Brown
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Before a World Trade Organization ("WTO") dispute settlement panel, Panama challenged Argentina's imposition of certain tax measures against services and service suppliers from countries deemed "not cooperating for tax transparency purposes" by the Argentine government under Decree No. 589/2013.

GlobalInternational Law
Duane Layton
Duane Layton
Timothy Keeler
Timothy Keeler
Kelsey M. Rule
Kelsey M. Rule
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Keywords: WTO, Panama, Argentina, General Agreement

Before a World Trade Organization ("WTO") dispute settlement panel, Panama challenged Argentina's imposition of certain tax measures against services and service suppliers from countries deemed "not cooperating for tax transparency purposes" by the Argentine government under Decree No. 589/2013. While Panama did not challenge the Decree directly, it challenged eight of the retaliatory measures imposed by Argentina against countries designated "non-cooperating" under the Decree. The panel ultimately held that Argentina's measures are inconsistent with its WTO obligations under the General Agreement on Trade in Services ("GATS").

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