Through the Agreement of August 20, 2021, the Ministry of Finance and Public Credit announced the percentages and amounts of the tax incentive, as well as the reduced rates of the special tax on production and services applicable to fuels.
1. Percentages
The regulation states that the percentages of the tax incentive for the period from August 21 to 27, 2021, applicable to automotive fuels, will be as follows:
Fuel | Incentive Percentage |
Gasoline less than 91 octane | 45.60% |
Gasoline greater than or equal to 91 octane and non-fossil fuels | 14.83% |
Diesel | 15.69% |
2. Applicable Amounts
On the other hand, the amounts of the fiscal incentives for the period from August 21 to 27, 2021, will be applicable:
Fuel | Amount of the fiscal incentive(pesos/litre) |
Gasoline less than 91 octane | $2.3325 |
Gasoline greater than or equal to 91 octane and non-fossil fuels | $0.6404 |
Diesel | $0.8818 |
3. Rates
Finally, the rates for the period August 21 to 27, 2021, were established as follows:
Fuel | Rate (pesos/litre) |
Gasoline less than 91 octane | 2.7823 |
Gasoline greater than or equal to 91 octane and non-fossil fuels | 3.6788 |
Diesel | 4.7394 |
Source: Diario Oficial de la Federación 20/08/21