Temporary reduction of the Tax on Petroleum Products (ISP)

Last updated: 10 May 2023

As part of its October 2021 "Extraordinary package of measures on fuels" enacted in response to the global energy crisis, the Portuguese government implemented a temporary reduction of the Tax on Petroleum Products (ISP) for gasoline and diesel from 16 October 2021 to the end of January 2022. Through this measure, the ISP rate for gasoline is reduced by 2 cents per litre and by 1 cent per litre for diesel.

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