FISCAL SOLUTIONS...
News
Public Sweden Author: Ema Stamenković
Sweden has proposed a further temporary reduction of carbon dioxide tax on petrol and diesel from July to November 2026 to offset rising fuel prices.
Category:

Fiscal subject related

Views: 43
Content accuracy validation date: 20.05.2026
Content accuracy validation time: 15:53h

The Swedish Ministry of Finance has submitted a draft bill (memorandum Fi2026/01131, published 13 May 2026) proposing a further temporary reduction of tax on petrol and diesel in response to rising fuel prices. The proposal would reduce the carbon dioxide tax on petrol and diesel by SEK 2.40 per litre for the period 1 July to 30 November 2026.

The reduction aims to offset higher fuel prices linked to geopolitical developments, described in the draft bill as the ongoing conflict in the Middle East and in the memorandum as an ongoing war in Iran. It forms part of a broader fuel tax framework in which petrol and diesel have already been reduced to the EU minimum tax level for 1 May to 30 September 2026. Consequential amendments are also proposed for the tax reduction on agricultural diesel for the period 1 July to 31 December 2026.

The legislative changes are scheduled to enter into force in stages on 1 July, 1 October, and 1 December 2026.

Earlier, the Swedish parliament (Riksdag) adopted a draft bill proposing a temporary reduction in tax on petrol and diesel to offset rising fuel prices linked to the ongoing conflict in the Middle East.

Other news from Sweden