Description
<p>In this law, biofuel is is understood to be bioethanol and biodiesel that meet the quality requirements established by the implementing authority and that are produced in plants installed in the Argentine Republic from national raw materials whose origin is agricultural, agro-industrial and/or come from organic waste.Also the law established the minimum percentage of bioethanol to be present in gasoline (12%) and that biodiesel and bioethanol shall not be taxed by the Liquid Fuels Tax (ICL) and the Carbon Dioxide Tax (ICO2), established in Title III, Chapters I and II, respectively, of Law 23.966.</p>