Factsheet: Fuel excise tax

Fuel excise tax

Key Information
Description: 
In Ukraine, a new draft amendment to the Tax Code (dd December 2014) seeks to boost excise taxes on all fuels, including a 4% increase on biodiesel that would boost the tax to EUR102 per metric ton. By contrast, the new excise taxes on gasoline would be 2% higher to EUR202 and up to 3% higher for diesel at up to EUR134. No mention was made of increasing taxes on ethanol.
Goal/Aim: 
Incentives to stimulate biofuels demand

Status: