Cutting fuel excise duties and abolishing car tax: the measures in the Council of Ministers
The government is evaluating the sixteenth extension of the cut in excise duties on diesel and petrol, with a gradual reduction until October and the possibility of abolishing car tax.
Quick Look
- The Council of Ministers discusses the sixteenth extension of the cut in excise duties on diesel, with gradual reductions until 5 October.
- Also on the table is the abolition of car tax for small and medium-powered cars.
AI-generated summary
Why It Matters
The excise duty cut is a temporary measure introduced to combat the rise in fuel prices, now in its sixteenth extension.
In view of the deadline for tomorrow, 17 September, of the temporary cut in excise duties on diesel, a new extension has arrived on the table of the current Council of Ministers, the sixteenth since 19 March, while the possibility of launching selective measures based on income is receding.
According to the draft text, the cut in excise duties (and VAT) on diesel will drop to 12.2 cents per liter - from 18 to 25 September: it will be equal to 572.90 euros per thousand litres. From 26 September to 5 October it will drop further to 6.1 cents, reaching 622.90 euros per thousand litres. The standard excise duty is 672.90 per euro per thousand litres.
The CDM also includes the abolition of car tax for small and medium-powered cars.
What to Watch
AI outlook — possibilities, not facts
Approval of the legislative decree for the extension of excise duties.
Very likely · Within days
Open Questions
- What will be the definitive criteria for the abolition of car tax?
- How will the extension be financially covered?
