Factsheet: Tax exempt quotas for sustainable biofuels

Tax exempt quotas for sustainable biofuels

Key Information
Full name of Instrument & Measure (English): 
Tax exempt quotas for sustainable biofuels - Budget Act of the 10 June 2006
Full name of Instrument & Measure (native language): 
Wet van 10 juni 2006 betreffende de biobrandstoffen / Loi du 10 juin 2006 concernant les biocarburants
Description: 
Introduces a reduced excise rate for petrol and diesel products containing a minimum share of biofuel (minimum 7%vol bio-ethanol in petrol ; minimum 3,37%vol FAME in diesel). The biofuels should be produced by production units authorised by the Belgian Government. The selection of these parties is based on a tender process, taking into account supply distance, CO2 balance, energy efficiency and production cost. From 2014 these units need to report on a monthly basis on the sustainability character of the supplied biofuels.
Goal/Aim: 
Increase the share of biofuels in transport.

Sector/Topic targeted:

Responsible Authority: 
FPS Finance - Customs and Excise Administration

Status:

Year Instrument & Measure Started: 
2006
Year Last Instrument & Measure was last Amended: 
2013