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The High Price of Energy Could Bring up to 94 Million per Month to the State: "a Perverse Mechanism"
4 Articles
4 Articles
The High Price of Energy Could Bring up to 94 Million per Month to the State: "a Perverse Mechanism"
The increase in energy prices is expected to generate at least an additional €74 million per month in state funds, while VAT revenues on diesel, petrol, fuel oil and natural gas are increasing automatically as well, according to PTB calculations in a study published on Thursday. ...
The Petroleum and Energy Products Tax (ISP) was responsible for spending more than EUR 656 million in the first two months of this year, an increase of almost 20 million more than during the homologous period.
The increase in energy prices is expected to generate at least an additional €74 million per month in state funds, while VAT revenues on diesel, petrol, fuel oil and natural gas are increasing automatically, according to the PTB calculations in a study published on Thursday. The party denounces a perverse mechanism and calls for an urgent cap. This figure is based on the prices of fuels found at the beginning of this week, but taking into accoun…
ISP has a 37% weight on lead gas and 46% on gasoline. It has entered 656.3 billion euros in the envelopes p blocks in January and February.
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