October 2021 Extraordinary package of measures on fuels

In response to the energy price crisis, the Portuguese government enacted in October 2021 an "Extraordinary package of measures on fuels" encompassing the following temporary measures :

• a temporary reduction of the Tax on Petroleum Products (ISP) applicable to gasoline and diesel. 
• a AUTOvoucher discount: Fuel subsidy of EUR 0.10/litre (maximum of 50 litres/month) at gas stations. 
• the suspension of the planned carbon tax increase on fuels. 
• a subsidy to road passenger transport operators (buses and taxis), equivalent to EUR 0.10/litre (maximum of 50 litres/month).  
  
  

In addition, targeted, permanent measures were implemented for the road freight sector from November 2021:

• an extension of the 50% reduction in the Single Circulation Tax (IUC) for road transport of goods.
• an extension of the 20% increase in Corporate Income Tax IRC on the purchase of fuels.
  
  

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