Tag: tax

ROPEPCA believes that increased taxes will hurt state budget – Romania, 23 January 2019

The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) pointed to the negative consequences that provisions of the Government’s emergency ordinance from late December 2018 will have on the entire economy and the natural gas production sector in Romania. ROPEPCA believe Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, […]

Coal-based energy companies could be exempted from 2 % turnover tax – Romania, 18 January 2019

Romanian Minister of Energy Anton Anton said after meeting with representatives of Energy Complex (EC) Oltenia that authorities were considering the idea of exempting the companies who produce electricity using coal from paying recently introduced 2 % turnover tax. Minister Anton added that the t Full article available for subscribers of Energy NEWS service (PDF […]

Government plans to lower fuel tax – Turkey, 18 May 2018

In order to alleviate the issue of the lira weakness and rising oil prices, Turkish Government announced that it will lower the special consumption tax level, thus offsetting any possible fuel price hikes due to aforementioned factors. According to the announcement, the special consumption taxes on any fuel products will be lowered in case of […]

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