By Zoila Palma: Guatemala’s President Bernardo Arévalo has signed a decree temporarily exempting several fuels from distribution taxes and Value Added Tax (VAT), while vetoing separate legislation that sought to establish maximum fuel prices.
According to a report by Prensa Libre, Decree 22-2026 was published in Guatemala’s Official Gazette on September 30, introducing temporary tax relief intended to protect consumers and the country’s productive sectors.
The tax exemptions will take effect on October 1 and remain in place through December 31, 2026.
The exemption from the Tax on the Distribution of Crude Oil and Petroleum-Derived Fuels will cover regular gasoline, premium gasoline, diesel and gas oil.
The temporary VAT exemption will apply to those fuels as well as fuel ethanol. The decree requires the full tax benefit to be passed on to consumers through an equivalent reduction in pump prices.
The government will monitor compliance through the Ministry of Energy and Mines, the Directorate of Consumer Protection and Assistance, and the Tax Administration Superintendency.
Fuel retailers will reportedly be required to report their prices daily to the Ministry of Energy and Mines for publication, while businesses that fail to apply the required discounts or comply with the decree may face sanctions.
The post International News: Guatemala President signs temporary fuel tax exemptions appeared first on Belize News and Opinion on www.breakingbelizenews.com.
By Zoila Palma: Guatemala’s President Bernardo Arévalo has signed a decree temporarily exempting several fuels from distribution taxes and Value Added Tax (VAT), while vetoing separate legislation that sought to establish maximum fuel prices. According to a report by Prensa Libre, Decree 22-2026 was published in Guatemala’s Official Gazette on September 30, introducing temporary tax
The post International News: Guatemala President signs temporary fuel tax exemptions appeared first on Belize News and Opinion on www.breakingbelizenews.com.
