Factsheet: Fuel excise tax

Fuel excise tax

Key Information
Full name of Instrument & Measure (English): 
Ukrainian Tax Code - Fuel excise tax
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:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Last Instrument & Measure was last Amended: 
2015