Law No. 23.966. Modification.

Original Language Title: Ley Nº 23.966. Modificación.

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TAX on liquid fuels and GASNATURAL tax on combustible liquids and NATURAL GAS 26.942 law Law No. 23.966. Modification. Passed: May 28 2014 promulgated: 17 June 2014 the Senate and Chamber of deputies of the Argentina nation gathered in Congress, etc. (sanction with force of law: article 1 °-replace is the article 4 ° of the chapter I, title III of the law 23.966, of tax on them fuels liquids and the gas natural, text ordered in 1998 and their modifications, by the following: article 4 °: them products encumbered to is refers the article 1 ° and them aliquots of the tax are the following: concept aliquot to) Nafta without lead ((((((, until 92 RON 70% b) Nafta without lead, of more than 92 RON 62% c) Nafta with lead, until 92 RON 70% d) Nafta with lead, of more than 92 RON 62% e) Nafta Virgin 62% f) gasoline natural 62% g) solvent 62% it base taxable to take in has to them purposes of the liquidation of the tax applicable to the nafta Virgin and to it gasoline natural It will be that corresponding to the nafta more than ninety-two (92) RON unleaded. (((((He amount resulting of the liquidation of the tax to charge of them responsible of the obligation tax not may be lower to which is of it application of them amounts of the tax by unit of measure that is established then: h) turpentine 62% i) diesel 19% j) Diesel oil 19% k) Kerosene 19% concept $ by liter to) Nafta without lead ((((((((, up to 92 RON 0,5375 b) Nafta lead-more than 92 RON 0,5375 c) Nafta with lead, up to 92 RON 0,5375 d) Nafta with lead, more than 92 RON 0,5375 e) 0,5375 Virgin naphtha f) 0,5375 natural gas g) solvent 0,5375 h) 0,5375 turpentine i) 0.15 diesel will also be encumbered with the rate applied to gasoline by more than ninety-two (92) RON products consisting of a mixture of hydrocarbons, to the extent that they qualify as gasoline in accordance with the technical specifications of the regulatory decree, even if they are used in an intermediate processing stage, have a non-combustible destination or incorporated in products not taxed, unless it is of application subsection c) article 7 °. Empower the national executive power for the implementation of different aliquots for fuels covered by subparagraphs to), b), c), d) and i), when taxed products are intended for consumption in border areas, to correct asymmetries arising on exchange rate variations. Such different aliquots will be applied on the volumes for this purpose available to the respective area of border the national executive power. The national executive power shall determine, for the purposes of this law, the technical characteristics of products taxed and may not give retroactive effect to such characterization. The national executive branch is empowered to incorporate assessment products that are likely to be used as liquid fuels by setting an aliquot part similar to that of the taxed product that can be replaced. In the alconaftas the tax will be completely satisfied with the payment of the levy on the component naphtha. In the biodiesel fuel tax will be fully satisfied with the payment of the lien on the diesel component or other component that is taxed, not being able to modify is this treatment until the 31 December 2015. Pure biodiesel may not be taxed until that date. Empower the national executive power to extend the period set forth in the preceding paragraph.
Article 2 ° - replaced article 1 ° of the Law 26.028, which are detailed below: article 1: set to the entire territory of the nation, with specific involvement to the development of road infrastructure projects and/or the elimination or reduction of existing tolls, to give effect to the tariff compensation business of public passenger transport services by automotive the allocation of funds to the improvement and professionalization of services by automotive and freight transport subsidies, and investments for the passenger or freight rail system, so that affects one of the stages of its movement, a tax on the transfer, whether for consideration or free or import of diesel oil or other liquid fuel that will replace it in the future It shall remain in force until 31 December 2024. Biodiesel which was used as fuel in the generation of electricity will be excepted this tax until 31 December 2015. Empower the national executive power to extend the period concerned. ((He tax mentioned in the first paragraph will be also applicable to the fuel taxed consumed by the responsible, except which is used in the elaboration of others products subject to the same, as well as on any difference of inventory that determine the Administration Federal of income public, entity autarkic in the field of the Ministry of economy and finance public, whenever j) Diesel oil 0.15 k) Kerosene 0.15 not can justify is the difference by causes different the assumptions of imposition. For the purposes of this assessment means diesel fuel defined as such in article 4 of the annex to the Decree Nº 74 dated January 22, 1998 and its amending, regulation of the tax on liquid fuels and natural gas. Taking into consideration that the Secretary of energy of the Ministry of Federal Planning, public investment and services, has issued technical standards that enable the use of the gas for automotive use, the fuel transfer, in the case of stations for captive fleets, will be reached by this tax.
Article 3 ° - contact the national executive power.
-REGISTERED UNDER NO. 26.942 - JULIAN A. DOMINGUEZ. -AMADO BOUDOU. -Lucas Chedrese. -John H. Estrada.

Date of publication: 24 / 06 / 2014