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Argentina: Increased tax on liquid fuels, carbon dioxide

Decree No. 302/2026 increases fixed amounts for liquid fuel and carbon dioxide taxes.

June 18, 2026

The Argentine executive power on April 29, 2026, issued Decree No. 302/2026 modifying fuel and carbon taxation under Law No. 23,966.

The decree increases fixed amounts for liquid fuel and carbon dioxide taxes, maintaining the mechanism for quarterly adjustments based on the consumer price index (CPI).

The measure continues preferential tax treatment for diesel supplied to specified southern regions, preserving reduced fixed charges within designated geographic areas.


For more information, contact a KPMG tax professional in Argentina:

Agostina Beatriz Bermudez | agostinabeatrizbermu@kpmg.com.ar

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