FEBRUARY 01, 2024

Decree No. 107/2024: Carbon Dioxide and Fuel Tax.

CIRCULARS

Tax Law Department Report | Decree No. 107/2024: Carbon Dioxide and Fuel Tax

Through Decree No. 107/2024, published today in the Official Gazette, it is established that the increases in the amounts of the fuel and carbon dioxide tax resulting from the updates corresponding to the year 2023, applicable to unleaded gasoline, virgin gasoline, and diesel, will come into effect in different periods according to the following schedule:

a) For the first and second quarters of the calendar year 2023: starting from March 1st, 2024, included,
b) In the case of the third quarter of the calendar year 2023: starting from April 1st, 2024, included.
c) Regarding the fourth quarter of the calendar year 2023: starting from May 1st, 2024, included.

Do not hesitate to contact us if you require any further information on this matter.

Sincerely,

Santiago L. Montezanti
Enrique López Rivarola