The Government approved a partial increase in taxes on liquid fuels and carbon dioxide. YPF is expected to transfer him to the suppliers. The other companies have already increased a week ago.
The government confirmed that in July there will be a new partial update of fuel tax Liquids (ICL) and carbon dioxide tax (IDC). So, This midnight is expected to have a transfer to the suppliers through an increase in gasoline and diesel.
The key will be what defines the state majority oil company YPFwhich concentrates around 55% of the fuel sale in the country. Its competitors, Axion, Shell and Pumathey had already applied a 5% rise to their fuels a week ago before the shooting of the price of oil in the context of the war in the Middle East, which later referred partially.
NAFTAS-BOBUSTABLE.JPG
Depositphotos
How much do fuel taxes upload?
This Monday, through Decree 441/2025the Government published in the Official Gazette the approval of a new partial increase in the ICL and the IDC.
The measure, which carries the signatures of Javier Milei, Guillermo Franco and Luis Caputohe points out that “for the taxable facts that are perfected between July 1 and July 31, 2025, both dates inclusive, the tax amounts will be increased” for the liter of Nafta without lead $ 6,625 in the case of the ICL and $ 0.405 in the IDC. For the diesel, the rise is $ 8,241 in the ICL and $ 0.609.
The rest of the pending update of these taxes is postponed for another month, as the Government has been doing to prevent the impact on suppliers from being even more important.
What about gasoline and diesel?
In that framework, It is expected that from this Tuesday, July 1, the gasoline and the diesel will rise again, In principle, by the transfer to the suppliers of the tax increase. But the key will be what YPF defines: The state company, in addition to concentrating more than half of the fuel sale in the country, was the only firm that did not increase its prices just over a week ago, when its private competitors increased them 5%.
In the Autonomous City of Buenos Aires, YPF currently sells super gasoline at $ 1,186 per liter, the premium at $ 1,405 and the diesel at $ 1,191.
Source: Ambito
