Economy

Economy March 1, 2021 | 4:34 pm

More than 35% of the price of gasoline is for taxes

More than half of the price of gasoline is comprised of taxes charged by the Government and the companies' marketing margins that distribute and market the fuels. Gasolines are the fuels most affected by tax collection. Taxes represent between 35.3 and 36.7% of their prices, while for regular diesel and fuel oil they are around 25%. Liquefied Petroleum Gas (LPG) is the fuel least taxed by the G... Read more

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