Taxes take half the price of fuel. With the replacement of the tax on petroleum and energy products (ISP), the government hopes, in 2025, to raise an additional R$752.5 million.
In 2025, the Ministry of Finance expects, next year, to collect plus 752.5 million euros in fuel taxes.
Most of this value – 525 million euros – will come from ISP (tax on petroleum and energy products), which is part of the carbon taxthawed in August.
The increase “results from the expected growth in private consumption [+2%] in conjunction with the measures implemented by the Government”, reads the report accompanying the State Budget for 2025 (OE2025), cited by (CM).
This Monday, the same newspaper details data from EPCOL (Portuguese Fuel and Lubricant Companies), which reveals that half of the price we pay for fuel is taken away by taxes.
Data from the association that represents companies in the sector also show that contributions to the State have more weight on the gasoline bill (52%) than on the diesel bill (46%).
Regarding the carbon tax, the Minister of Environment and Energy, Maria da Graça Carvalho, has already promised that it will not be defrosted again: “There was this year, but there won’t be any more, neither this year nor in 2025”
Fuel prices fall slightly this Monday, around half a cent, after rising 1.5 cents per liter for gasoline and 3 cents per liter for diesel last week.
