On 22 June 2012, finance Ministers discussed the proposal for a review of the Taxation of Energy Products Directive (TEP). In this respect, there was agreement amongst Member States (MS) that minimum tax levels should be laid down in the Directive, taking, as a reference point, the energy content and CO2 emission levels of energy products. Nevertheless, MS should retain maximum flexibility to determine the structure of their national energy taxes.
Interested in receiving our Eurobrief? Subscribe now!
Interested in receiving our press releases? Subscribe now!