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NOVEMBER'S NEWSLETTER

EXCISE DUTY PAYMENT FOR AUTHORIZED WAREHOUSE KEEPERS TRADING OIL PRODUCTS IN GREECE, OTHER EU MEMBER STATES AND THE UK.    

While there is a global will for a shift from petroleum products to electricity, gasoline, diesel fuels and heating oils will continue to be “moving the world” for many years.  On a pan European level, member states and their administrations, through legislation and IT systems, are continuously making steps forward in order to shape and create a more efficient European Excise Movement Control System, where data sharing with immediate results will be available for operators and  local authorities, while excise management and monitoring will becoming more effective. However, the implementation of EU legislation in member states allows & practically involves the different tax and customs policies related to procedural management and payment of excise duties in every country.

THE GREEN DEAL AT A CROSSROADS

The EU has fixed some long term goals regarding the protection of the environment (including some tax measures).

 

Nevertheless, transitional circumstances and the lack of similar measures been introduced by  international partners could prevent these green aims.

WHAT SHALL AN ITALIAN OPERATOR DO IN ORDER TO ESTABLISH A POWER PLANT TO PRODUCE ENERGY IN CASE OF LACK OF THE PUBLIC GRID?

In case you’ll be in this situation, this article would let you know the steps to follow to grant your goal in Italy before the Agency of Excise, Customs and Monopolies (A.D.M), which is the public institution responsible for the control of taxation on excise duties, customs duties and monopoly regimes.

IMPORTING NATURAL GAS AND ELECTRICITY INTO FRANCE: CUSTOMS, EXCISE AND VAT FORMALITIES

Energy Supply difficulties have increased the need to source these beyond the EU borders. Imports into France of gas and power increase. In the meantime, FR customs have confirmed that the grid operator cannot act as importer, and all traders must file their own import declarations.

How then should you complete the French customs import formalities for natural gas and electricity?

OIL, GAS & POWER - THE INCREASE AND DECREASE OF CERTAIN TAXES FOLLOWING THE GOAL OF GREEN TRANSITION IN DENMARK 

Oil, gas and power are subject to energy taxes in Denmark.

 In addition to energy tax on taxable electricity and taxable fuels, CO2 tax is generally also paid on these taxable energy products (except electricity).

 In Denmark, the aims of a green transition have resulted in both reduced and increased taxes within the area of energy.

June 2022: Get Involved
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