Are there any recognised environmental taxes payable by businesses?

Tax

Cyprus Small Flag Cyprus

There are no specific environmental taxes.

Greece Small Flag Greece

In Greece, there have not been any systematic attempts for the implementation of environmental taxes. However, there are many indirect taxes, which, in one way or another, are related to the environment.

These are the “excise duties”, which are imposed in the following:

a. Fuels (i.e. unleaded petrol, Diesel , kerosene, liquid gas)

b .Domestic heating oil

c .Energy products

d. Ethyl alcohol

e. Manufactured tobacco products

f. Refill liquid of electronic cigarettes ( from 01.01.2017)

Turkey Small Flag Turkey

Environment and Cleaning Tax applies to both individuals and business places.

United Kingdom Small Flag United Kingdom

Yes. The UK imposes a Climate Change Levy (CCL) on industrial, commercial, agricultural businesses and public services on electricity, gas and solid fuels. Businesses can get a reduction on the rate of CCL if the business has entered into a climate change agreement with the Environment Agency. There are two further environmental taxes of note:

a. A tax on top of normal landfill fees if the business gets rid of waste using landfill sites

b. A tax on sand, gravel and rock that has either been dug from the ground or dredged from the sea in UK waters or imported.

Mexico Small Flag Mexico

No environmental taxes are recognised under the applicable Mexican tax laws. However, businesses could be required to pay for specific carbon credits or certificates depending on the amount of tons of carbon dioxide produced by them.

What is more, taxpayers that have invested on renewable energy project could be entitled to accelerated deductions related thereto.

Gibraltar Small Flag Gibraltar

No.

Japan Small Flag Japan

Japan has no specific type of tax called as environmental tax; however, effectively the same taxation has been achieved by increasing the rate of petroleum and coal tax according to the expected CO2 emissions. The petroleum and coal tax is one of the indirect taxes of Japan and applies to petroleum, gases and coal as well as some related products. This has been introduced as an anti-global warming measure.

Hong Kong Small Flag Hong Kong

There are no environmental taxes.

United States Small Flag United States

The U.S. imposes environmental taxes on crude oil and petroleum products (oil spill liability), and on the use or sale of ozone-depleting chemicals. Oil spill liability is imposed on crude oil received at a U.S. refinery and to petroleum products entered into the U.S. for consumption, use or warehousing at a rate of $.08 per barrel. Ozone-depleting chemicals are taxed at various rates based on the weight of the ozone-depleting chemicals.

Spain Small Flag Spain

Both Spanish legislation and the specific legislation applying to different Spanish Regions include environmental taxes which may be payable by businesses, individuals or businesses acting as final customers.

As regards the legislation applying to the whole Spanish territory, Tax on Hydrocarbons and Special Electricity Tax are applicable and are levied on the amount of hydrocarbon or electricity consumed.

On the other hand, environmental taxes passed by the different Spanish Regions are focused on business activities carried out by companies within the territory of the corresponding Region and that may entail environmental damage through any type of pollution, wastes or emissions.

Austria Small Flag Austria

No.

Germany Small Flag Germany

Yes. As part of the indirect taxes, there are several excise duties which are imposed on the consumption of resources, such as mineral oil, natural gas, coal or electric current. For some businesses relief from energy duty or electricity duty may be available.

Belgium Small Flag Belgium

There are various federal environmental taxes payable by businesses: e.g. excise duties on mineral oil, a levy on energy, a contribution on electricity and natural gas or a packaging charge levied on drinks packages. Environmental taxes may also be found at the regional level, such as taxes on waste collection or on waste water.

Italy Small Flag Italy

Yes. Italian tax legislation provides several excise duties on the consumption of certain natural resources, like mineral and lubricating oils and electricity, as well as local taxes imposed by municipalities, in relation to municipal services received in connection with garbage disposal.

In addition, Italian Law provides for a compulsory contribution to be paid by packaging manufacturers and users to consortium CONAI for the disposal of packaging materials.

Malaysia Small Flag Malaysia

No. It is worth mentioning that tax incentives are available for green building initiatives.

Ireland Small Flag Ireland

A number of environmental taxes have existed for many years and further taxes have been introduced over the last number of years. These include carbon taxes, taxes on motor and heating fuel, vehicle registration tax, landfill levy and plastic bag tax.

France Small Flag France

For the time being, France does not have enforced any significant Environmental Taxes which are payable by businesses.

Australia Small Flag Australia

Australia does not have a carbon tax or a carbon emissions trading scheme. There are a a variety of different State and Federal environment charges or imposts (and thus “taxes” loosely described). According to recent data these charges account for approximately $26 billion in revenue and consist primarily of taxes on transport and energy.

At the Federal level, there is an Emissions Reduction Fund (ERF). Unlike most emissions trading schemes, the ERF does not impose a cap on carbon emissions and allow market forces to trade in credits to price carbon ("cap and trade"). Rather, market participants can register projects with the Clean Energy Regulator and will be issued 'Australian Carbon Credit Units' for emission reductions. These credits can be sold to the Government through a competitive reverse auction.

Switzerland Small Flag Switzerland

Switzerland does not presently impose any Environmental Taxes for businesses.

Updated: March 10, 2017