The government has officially announced a new extension of the tax increase on liquid fuels and carbon dioxidewhich will affect the values Gasoline and diesel until January 2026.
Pursuant to Decree No. 840 of 2025 published in the Official Gazette today, Friday, Which bears the signature of President Javier Miley; Chief of Staff Manuel Adorni; And Economy Minister Luis Caputo, adjustments have been made to the schedule of increases stipulated in the current regulations.
He explained, “It was expected that the mentioned fixed amounts would be updated in each calendar quarter based on changes in the Consumer Price Index (CPI) provided by the National Institute of Statistics and Census (Indec), a decentralized body affiliated with the Ministry of Economy, taking into account the accumulated changes of that index since January 2018 inclusive.”
The total increase in tax amounts was pending the update corresponding to the calendar year 2024 and the updates for the first, second and third calendar quarters of 2025. It was noted that it “will come into effect in relation to unleaded gasoline, virgin gasoline and diesel for taxable events completed from 1 January 2026 inclusive”.
For gasoline, an increase of $16,377 will apply to the liquid fuel tax and $1,003 per liter to the carbon dioxide tax. in case dieselThe increase will be $13,546 per litre For the general tax, US$7,335 for the differential rate governing specific regions and regions within the country, and US$1,544 per liter for the carbon dioxide tax.
The government justified the decision by saying that it seeks… Stimulating economic growth Through a “sustainable” financial plan. Since 2018, this tax (levied on fuel and carbon dioxide) It should be updated every three months for inflation. But recent administrations have halted these increases to avoid a direct impact on the price the public pays.
CO2 tax Specifically taxes on the emission of polluting gases Generated from the use of fossil fuels and collected at a fixed amount per liter, In addition to the main tax on liquid fuel. Although it represents a smaller percentage of the tax burden, it is automatically updated with the rest of the taxes to maintain its true value from a financial and environmental standpoint.