"Article 1.-establish a mechanism of stabilization of sale domestic prices of automotive gasoline, diesel oil, compressed natural gas and liquefied petroleum gas, both, these last of vehicular consumption." For the purposes of this Act, in the case of automotive gasoline, "combustible" or "fuel" expression means referred to each of the gasoline, regardless of its octane rating, which are taxed at your first sale or import with specific tax established by law Nº 18.502.
Such a mechanism will operate through increments and discounts to specific taxes established by law Nº 18.502, fuels which will be modified by adding or subtracting, to the amounts set out in this law, known as core components, a variable component determined for each fuel mentioned in the previous paragraph, in accordance with the rules laid down in this law. The determination of the variable component will be by decree issued by the Ministry of finance and taught under the formula "by order of the President of the Republic", report of the National Commission of energy he referred first of the following article.
Value added tax taxpayers entitled to recovery of specific taxes established by law Nº 18.502 fuels, shall calculate the amount of recovery on the basis of tax determined in accordance with the present law. If the amount to be recovered proves negative, its absolute value must be added to debits of the value added tax.
However, the taxpayers of the value added tax which were entitled to recover the specific fuel tax and annual revenues for the preceding calendar year, for sales, services or other activities of their rotation, have been less than 15,000 monthly tax units, hereinafter "UTM", must be that recovery only by the amount of the specific tax equivalent to the base component without considering the variable component, for tax for the month of July of each year for operations carried out in the previous June, and until the month of June of each year following tax by operations carried out in the previous may. To calculate these amounts, each taxpayer should add to the income they earned in the previous calendar year obtained by those who have been its related, in the terms established by article 20, no. 1, letter b), of the law on tax on income, in the same calendar year. They must also be the recovery of the specific tax on fuels, in the terms indicated in this paragraph, the value added tax taxpayers who initiate activities in the year and that product that do not have income for sales, services or other activities of your money during the previous year. Such recovery must be performed in the manner indicated in this subsection, to that tax return by the operations of the month of June of the year following the home.
Taxpayers who make use of the benefits referred to in the preceding subparagraph must declare, before the internal revenue service, in the form, term and conditions as it may decide, who are their related in the terms established by article 20, no. 1, letter b) of the income tax act.