Consequently, taxis are paying proportion of 1.15 of the vehicle value- beforehand the reform of the law they paid 2.30. Furthermore, the tax will be reduced by a half for those who install a cutting-edge technology on CNG kits. Besides taxis, the rule applies to vans, trucks, pickups, ambulances, public transportation vehicles.
The chairman of the Committee on Traffic and Transportation from the Buenos Aires City Legislature, Claudio Palmeyro, who is also the author of the bill that has been recently passed, told NGVJournal.com: “The adoption of this propulsion system not only involves tax benefits, but also economic and ecological ones. CNG is cheaper, cutting-edge pieces of equipment are safer and this fuel also has the additional benefit of being less harmful to the environment.”
Finally, the legislator talked about the prospects of conversions in heavy-duty transportation: “The urban bus fleet switch to natural gas in the city of Buenos Aires would be a good choice,” he said.
