Tag: taxes

Call for Philippines to boost ethanol blending to 20% in light of higher taxes

Call for Philippines to boost ethanol blending to 20% in light of higher taxes

December 12, 2018 |

In the Philippines, a governor who is running for the Senate next year is calling for an E20 blending mandate to reduce the rising cost of fuel resulting from increased taxes. She claims that the current blending law wouldn’t need to be amended to facilitate the E20 policy because the domestic industry could only support […]

Read More

Brazil raises taxes on gasoline and ethanol

Brazil raises taxes on gasoline and ethanol

July 22, 2017 |

In Brazil, the federal government raised gasoline, diesel and ethanol taxes to raise money to lower their deficit down to R$139 billion (about USD$44 billion) by the end of this year. The gasoline tax was increased from R$0.3816 (USD$.12) to R$0.7925 (USD$.25) per liter and for diesel fuel from R$0.2480 (USD$.07) to R$0.4615 (USD$.15) per […]

Read More

China to announce ethanol import taxes by end-January

China to announce ethanol import taxes by end-January

December 27, 2016 |

In China, the government is expected to set import taxes for ethanol by the end of January. Last Friday, a list of import duties on a wide range of products was released but ethanol wasn’t included. Typically ethanol imports are hit with an 80% tariff, lowered to 30% for Brazil and the US, but those […]

Read More

Former biofuels promoter awaits sentencing for failure to pay income taxes

Former biofuels promoter awaits sentencing for failure to pay income taxes

June 27, 2016 |

In Iowa, a former fundraiser for Energae LP that was a significant owner of Permeate Refining is awaiting sentencing after pleading guilty to failure to pay federal income taxes for employees working at the ethanol plant. He could spend up to five years in prisons and pay monetary penalities. He was indicted on multiple counts […]

Read More

Argentina boosts domestic prices but export taxes as well

Argentina boosts domestic prices but export taxes as well

February 16, 2016 |

In Argentina, the government has reversed its recent trend of supporting biofuel producers and providing them some respite from a weakened international market and has instead imposed raised biodiesel export taxes to 3.89% from a record low of 1.62% while boosting domestic biodiesel prices by 5%, both of which are retroactive to Feb. 1. To […]

Read More

Argentina tries to backtrack on biodiesel policy by cutting export taxes and encouraging blending

Argentina tries to backtrack on biodiesel policy by cutting export taxes and encouraging blending

November 11, 2015 |

In Argentina, the government is preparing to cut biodiesel export taxes to 3.31%, a record low, retroactive to Oct. 1. That’s a significant cut from September’s 8.6%. The government is sending producers signals to continue producing, so they export but also sell into the local market as it shaved off about 1% from the price […]

Read More

KiOR pays off back taxes with revenues from equipment sales

KiOR pays off back taxes with revenues from equipment sales

October 19, 2015 |

In Mississippi, KiOR has made good on the $1.1 million in back taxes it owed to local authorities, nine months late and eventually assessed with a 1% late payment fee. The funds will be split almost evenly between the local school district, the county and the city of Columbus where the facility is located. The […]

Read More

Oregon’s LCFS nixed in Republican deal for boosting fuel taxes

Oregon’s LCFS nixed in Republican deal for boosting fuel taxes

June 25, 2015 |

In Oregon, the state’s planned Low Carbon Fuel Standard has been nixed by a single Republican vote that keeps the Democratic-lead houses from making tax reform decisions, so the governor and a group of eight state legislators have negotiated a 4 cent rise in the gas tax to fund electric vehicle charging infrastructure and natural […]

Read More

Texas A&M’s TTI says alternative fuel vehicles to hit gas taxes hard

Texas A&M’s TTI says alternative fuel vehicles to hit gas taxes hard

April 30, 2015 |

In Texas, Alternative Fuel Technology adoption could affect long-term state fuel tax revenues with Alternative Fuel Vehicles (AFVs) accounting for 13 percent of the domestic passenger fleet and 11 percent of the commercial fleet by 2040, according to a new study from Texas A&M’s Transport Technology Institute’s Transportation Policy Research Center. Alternative Fuel Technology development […]

Read More

Fees and taxes increase with highway funding package

Fees and taxes increase with highway funding package

March 24, 2015 |

In South Dakota, a new law will soon come into force, including a 6 cents per gallon tax increase on ethanol at the pump, that would see the state’s revenues increase by $2.25 million. Other motor fuels will also be subject to the same increase, as well as other various license plate and excise taxes, all […]

Read More