Advanced Search

Tax On Liquid Fuels And Natural Gas Law N? 23.966 And 26.028 - Amendment - Full Text Of The Norm

Original Language Title: IMPUESTO SOBRE LOS COMBUSTIBLES LIQUIDOS Y EL GAS NATURAL LEY N? 23.966 Y 26.028 - MODIFICACION - Texto completo de la norma

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
image inicio sitio infoleg MInisterio de Justicia y Derechos Humanos

Law 26,942

Act No. 23,966. Modification.

Sanctioned: May 28, 2014

Promulgated: June 17, 2014

The Senate and Chamber of Deputies of the Argentine Nation assembled in Congress, etc. sanction with force


ARTICLE 1 — Replace Article 4 of Chapter I, Title III of Law 23.966, of Liquid Fuel Tax and Natural Gas, ordained in 1998 and its amendments, with the following:

Article : The encumbered products referred to in Article 1 and the tax liquors are as follows:

Alicuotaa) Nafta without lead, up to 92 RON70%b) Nafta without lead, of more than 92 RON62%c) Nafta with lead, up to 92 RON70%d) Nafta with lead, of more than 92 RON62%e) Nafta virgin62%f) Gasolina natural62%g) Solvente62%j) Aguarrásel62%i
The basis for taking into account the purpose of the liquidation of the tax applicable to virgin nafta and natural gas will be that of the nafta without lead of more than ninety-two (92) RON.

The amount resulting from the liquidation of the tax by those responsible for the tax obligation shall not be less than that resulting from the application of the amounts of the unit of measure tax set out below:

($0 per litre) Nafta without lead, up to 92 RON0,5375b) Nafta without lead, of more than 92 RON0,5375c) Nafta with lead, up to 92 RON0,5375d) Nafta with lead, of more than 92 RON0,5375e) Nafta virgin0,5375f) Gasolina naturalh
They will also be encumbered with the liquota applied to the naphthas of more than ninety-two (92) RON, the products composed of a mixture of hydrocarbons, to the extent that they qualify as naphthas according to the technical specifications of the regulatory decree, even if used in an intermediate stage of elaboration, have a non-fuel destination or are incorporated into unencumbered products, except where applicable.

Please refer to the national executive branch for the implementation of differentiated liquids for fuels in subparagraphs (a), (b), (c), (d) and (i), when the encumbered products are intended for consumption in border areas, to correct asymmetries originating in exchange rate variations. Such differentiated liquids shall be applied on the volumes available for the respective border area by the national executive branch.

The national executive branch shall determine, for the purposes of this law, the technical characteristics of the encumbered products cannot give retroactive effect to such characterization.

The national executive branch is empowered to incorporate into the levy products that are susceptible to use as liquid fuels by setting a liquor similar to that of the encumbered product that can be replaced. In the alconaftas the tax will be fully satisfied with the payment of the tax on the nafta component.

In biodiesel fuel the tax will be fully satisfied with the payment of the levy on the gasoil component or other encumbered component, not being able to modify this treatment until 31 December 2015. Pure biodiesel may not be taxed until that date.
Please enable the National Executive to extend the deadline set out in the preceding paragraph.

ARTICLE 2° — Replace article 1 of Law 26.028, which states:

Article 1: It is located throughout the territory of the Nation, with specific impact on the development of road infrastructure projects and/or the elimination or reduction of the existing tolls, to give effect to the tariff compensations to the public services companies for the transport of passengers by motor, to the allocation of funds for the improvement and professionalization of cargo services by motor and to the subsidies and investments for the fleeting system

The biodiesel used as liquid fuel in the generation of electricity will be exempted from this tax until 31 December 2015. Please refer to the national executive branch to extend the deadline.

The tax referred to in the first paragraph shall also apply to the encumbered fuel consumed by the responsible, except the one used in the elaboration of other products subject to the same, as well as any inventory difference determined by the Federal Public Income Administration, an auto-archic entity within the Ministry of Economy and Public Finance, provided that there is no justification for the difference in cases other than the cases of imposition.

For the purposes of the present tax, gasoil shall mean the fuel defined as such in article 4 of the annex to Decree No. 74 of 22 January 1998 and its modifications, regulation of the tax on liquid fuels and natural gas.

Considering that the Ministry of Federal Planning, Public Investment and Services ' Energy Secretariat has issued the technical standards that enable the use of liquefied gas for automotive use, the transfer of such fuel, in the case of loading stations for captive fleets, will be achieved by this tax.

ARTICLE 3° — Contact the national executive branch.



JULIAN A. DOMINGUEZ. - LOVE BOUDOU. - Lucas Chedrese. — Juan H. Estrada.