Guatemala Suspends Fuel Taxes Until End of 2026
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President Bernardo Arévalo signed Decree 22-2026, exempting gasoline, diesel, and gas oil from Value Added Tax (VAT) and fuel tax until December 31, 2026. The exemption aims to reduce consumer prices, with estimated discounts of up to Q9.41 per gallon of premium gasoline, Q9.10 for regular, and Q6.34 for diesel and gas oil. The measure will have a fiscal cost of around Q3.318.4 million.
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