Tax reform bill to include four environmental taxes

The current tax reform proposal to be passed to congress considers four green taxation mechanisms. The first is a carbon tax on fossil fuels and the second on fuel-powered vehicles such as motorcycles, cargo and public transport vehicles. From these, the Ministry of Finance expects revenues of $800 million (Co$2.9 billion). The other two seek an 8% tax on pesticides and $0.0005 (Co$ 2) per gram on single-use plastics.

Source: Valoraanalitik