Sunday, January 1, 2017

The ISP of gasoline low two cents. In the fuel goes up two cents – Jornal de Negócios – Portugal

The Government also published last Friday, the 30th of December, the ordinance that updates the prices of the tax on petroleum products (ISP), to decrease the rate on gasoline and increase in diesel fuel.

Thus, the ISP of gasoline went this Sunday, January 1, will be 0,54895 euros per liter, less than two cents of the value paid by the last day of 2016.

as for the ISP on the diesel went on to be 0,33841 euros, which, in this case, represents an increase of two cents for each liter.

The values listed in ordinance no. 345-C/2016 published on Friday by the end of the day in the Daily Republic. And corresponds to the will expressed by the Executive in the Budget of the State for 2017.

The Government has justified the reduction of the ISP on gasoline and increase on diesel, after this year have been introduced to the regime of professional diesel. “You should walk in the direction of reducing the rates applicable to the two types of fuel. This fix should be gradual, because over the years there has been in Portugal, as in other european countries, as an incentive for the individual use of vehicles powered by diesel more polluting than those that run gasoline, with the inevitable environmental consequences. In addition, diesel vehicles are generally more costly so that the reduction of tax on that fuel compared to gasoline has a nature eminently regressive”, it can be read on OE.

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