The Limited Times

Now you can see non-English news...

The Government postponed the increase in the fuel tax for 10 days

2021-01-25T11:43:36.107Z


It was scheduled for March 1, but will be updated on the 12th. They anticipate an increase of up to 5.2% in gasoline and diesel.


01/25/2021 8:26 AM

  • Clarín.com

  • Economy

Updated 01/25/2021 8:26 AM

After a string of increases in gasoline, the government

postponed until March 12 the increase in the fuel tax

scheduled for March 1.

In this way,

another increase

of up to 5.2% in gasoline and diesel

was stopped for ten days,

which should have been in force since March 1.


Through decree 35/2021, published this Monday in the Official Gazette, it was indicated that "the increase in the tax amounts corresponding to the fourth quarter of 2020, will have effects on unleaded gasoline, virgin gasoline and diesel, from on March 12, 2021. "

The government attributed the postponement to "current circumstances and the necessary stabilization of prices."

Last January 16, the oil company YPF ordered an average price increase of 3.5% for its fuels, which includes the differential adjustment for the increase in the tax component of gasoline and diesel.

This increase includes the

increase in the Tax on Liquid Fuels (ICL) and the Tax on Carbon Dioxide

(IDC) of 7.7% that came into effect on January 15, as provided by the Government.

Since mid-August, when the first adjustment for this management was authorized, fuels have already risen more than 34% on average.

The price of super naphtha fuel reaches $ 71.90 at the YPF stations in Buenos Aires.

AFG

Source: clarin

All business articles on 2021-01-25

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.