Home NEWS Taxes on fuel in Romania reach 50% of the price

Taxes on fuel in Romania reach 50% of the price

Oil companies in Romania pay taxes amounting to 52% of the price of gasoline and 48% of the price of diesel fuel. Romania is thus in top 10 countries with the highest tax level on this segment out of 24 countries including in a study by UHY, an international network of accounting and financial consultancy experts, quoted by Romania-Insider.com.

In Europe, taxes on gasoline represent 59% of the price, compared to a world average of 50%. Taxes on diesel fuel in Europe represent 52% of the total costs compared to an average of 44% worldwide.

 

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