By here there is a legal provision of an export tax. It is provided for in the constitution and in the complementary legislation. The Executive Power may, under the conditions and within the limits established by law, change the rates or bases for calculating the tax, in order to adjust it to the objectives of exchange policy and foreign trade.
Due to the fact that the balance of trade depends fundamentally on the export effort and that the tax is extrafiscal, the tax is minimally required, and the use of the Zero Rate is common.
But, case of public interest, the law allows the institution of a rate of up to 150%. There are not a few here, both from the opposition and from the situation, who are defending the implementation of the maximum tax rate to the export tax in the case of the export of oil or food, to discourage the export of these, making their sale in the local market more interesting, considering that the country is a net exporter of these two important global inputs .
The truth is that the high price of energy and food by here as it stands could lead to social upheaval soon.