Diesel-petrol convergence in 2016: +1 cent per litre on diesel, -2 cents on SP95-E10
Article 17 of the 2015 amending Finance Act changes the 2016 rates of the domestic consumption tax on energy products (article 265 of the customs code): diesel rises from €48.81 to €49.81 per hectolitre (+1 cent per litre) and SP95-E10 petrol falls from €64.12 to €62.12 per hectolitre (-2 cents per litre) compared with the 2016 rates already voted. The gap reflects a one-cent cut on petrol under the convergence with diesel and a further one-cent cut on SP95-E10, now distinguished from SP95-E5, to promote bioethanol. The rates apply to volumes released for consumption from 1 January 2016.
Measure originators
No official estimate found for this measure.
Measure impact
For a diesel driver using 1,000 litres a year, the increase represents about €10 of additional tax (€12 including VAT); SP95-E10 is taxed 2 cents less than planned.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
Possible referral to Constitutional Council
Décision de conformité / censure partielle
President of the Republic signature
Publication au Journal officiel
National Assembly has the final say
Si échec CMP
Council of Ministers
Validation interne