New EU Carbon Tax Will Increase Pump Prices
Thursday, 3. December 2009
A recent report in Fleet News has revealed that the EU is planning a new carbon tax on all motor fuel. This would add a further tax to VAT and fuel duty already charged. Thomas Carroll, the EU’s taxation directorate general, told a recent meeting of European accountants that the new commission could review the EU’s 2003 energy taxation directive as early as the New Year. The draft proposals insist that excise duties Read more »