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NEW CARBON TAX

The new carbon tax was adopted

 

The sale, extraction, import for its own consumption or import for the sale of all fossil fuels, including oil derivatives and all types of fossil gases used for energy purposes, will be taxed from 2017. The rate applicable to this tax varies according to the percentage of carbon content of different fossil fuels, petroleum derivatives and all types of fossil gas.

The carbon tax is included in Article 221 of the new tax reform.