Council of the European Union’s decision regarding Sweden’s unmarked gas oil and equivalent motor fuels
On 29 September 2022, the Council of the European Union adopted Implementing Decision (EU) 2022/1843, authorizing Sweden to apply personalized reduced tax rates for petrol, unmarked gas oil, and equivalent motor fuels in response to spiked retail prices.
These rates would be below the minimum levels required by Article 7 of Directive 2003/96/EC. However, the Council considered that Sweden’s personalized reduced tax rates are unlikely to harm the internal market.
Therefore, the Council granted the country a three-month application period, ending on 31 January 2023. The power for this Council decision also originates in Directive 2003/96/EC, restructuring the EU framework for the taxation of energy products and electricity.
