US EditionEU Considers 10-Year Delay on Aviation and Shipping Fuel Taxes
The EU plans to maintain tax exemptions on aviation and shipping fuels until 2035 to protect industry competitiveness amid resistance from key member states, delaying potential climate-driven tax reforms.
- EU member states are discussing postponing the introduction of bloc-wide taxes on fuels used in aviation and maritime transport for a decade, with a target decision expected by November.
- The delay follows resistance from governments representing large shipping and tourism sectors that seek to maintain longstanding tax exemptions for competitiveness.
- A draft proposal, developed during Denmark's tenure as EU president, would levy minimum taxes before 2035 solely on aircraft seating no more than 19 passengers and on boats categorized as private recreational vessels.
- Negotiators must obtain unanimous consent from all EU member states to amend the Energy Taxation Directive, which was originally established in 2003 to define minimum excise tax rates across the EU.
- If approved, the phased tax reform could generate billions in revenue and incentivize cleaner fuels, but higher transport costs may impact growth in tourism-dependent countries.
11 Articles
11 Articles
EU Considers 10-Year Tax Holiday for Aviation, Shipping Fuels
The European Union is considering a 10-year exemption from energy taxes on aviation and shipping fuels, according to a draft proposal obtained by Reuters. The move would postpone taxation until 2035 and extend the long-standing tax breaks enjoyed by these sectors. The draft, prepared under Denmark’s rotating EU presidency, would only impose minimum taxation before 2035 on small aircraft with up to 19 seats and on private pleasure boats. Larger a…
EU Considers 10-Year Delay on Aviation and Shipping Fuel Taxes
The EU is contemplating a decade-long delay in implementing taxes on aviation and shipping fuels, as part of long-overdue energy tax reforms. Initial resistance from member countries, particularly those with significant shipping or tourism sectors, has stalled efforts to introduce taxes on CO2-emitting fuels.
EU Considers 10-year Delay on New Taxes for Shipping Fuels - mfame.guru
European Union countries are considering a 10-year delay in introducing EU taxes on aviation and shipping fuels, as they attempt to push through long-stalled energy tax reforms, reports Safety4sea. EU taxes on aviation and shipping fuels The European Commission proposed an overhaul of the EU’s energy tax rules in 2021, aiming to align them with broader climate goals. According to Reuters, this included the gradual introduction of taxes on carbon…
European Union Considers 10-Year Pause on Tax on Aviation and Shipping Fuels
The European Union has already set a minimum tax for other fuels, such as electricity and petrol used in cars. The European Union (EU) is considering a 10-year pause on introducing taxes on aviation and shipping fuels across the Union. This comes amid the EU’s efforts to implement long-delayed energy tax reforms. In 2021, the European Commission proposed a range of changes to energy tax rules. This might help with the countries’ efforts to comba…
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