European Commission Looking Closely at Removing Bunker Fuel Tax Exemption
by Ship & Bunker News Team
Thursday December 10, 2020 The European Union may seek to end the tax exemption for bunker fuels, according to a new strategy paper on sustainable transport policy. On Wednesday the
European Commission published a report titled Sustainable and Smart Mobility Strategy , setting out suggested changes in transport policy. When revising the Energy Taxation Directive, the Commission will aim at aligning taxation of energy products and electricity with EU energy and climate policies, the Commission said in the report. As part of the ongoing impact assessment, it is looking closely at current tax exemptions, including for aviation and maritime fuels, and will make proposal on how best to close any loopholes in 2021.