November 13, 2024
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Shocking New Gas Tax Laws in Europe – What You Need to Know!

Shocking New Gas Tax Laws in Europe – What You Need to Know!

As Europe grapples with the ongoing effects of the Russo-Ukraine war, shifts in environmental policy, and economic challenges faced by everyday citizens, fuel taxes remain a critical component of policy discussions across the continent. The European Union mandates a minimum excise duty of €0.359 per liter on petrol (gasoline), with some countries exceeding this baseline significantly.

  1. Gas Taxes in EU Countries:
  • Malta adheres to the minimum rate of €0.359 per liter for gasoline, the lowest in the EU.
  • Bulgaria follows closely at €0.363 per liter, with Poland at €0.391 per liter.
  • On the other end, the Netherlands leads with the highest gas tax in the EU at €0.789 per liter, trailed by Italy and Greece.
  1. Excise Duties on Diesel:
  • Despite a decline in diesel vehicle sales, they still make up around 15% of new car registrations in the EU.
  • The EU requirement sets the minimum excise duty for diesel slightly lower at €0.33 per liter.
  • While most EU countries impose lower excise duties on diesel compared to gas, Belgium and the UK (no longer part of the EU) maintain the same rate for both.
  1. Comparing Gas and Diesel Taxes:
  • The average excise duty on gasoline in the EU stands at €0.548 per liter, with diesel at €0.445 per liter on average.
  • The UK charges the highest excise duty on diesel, followed by Italy and Belgium.
  • Bulgaria and Malta have the lowest diesel excise duties at the EU minimum, along with Poland close behind.

Europe’s approach to fuel taxation is pivotal as the region navigates towards a greener future. As the EU transitions towards sustainability, fuel taxes are set to play a vital role in shaping policy decisions.

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