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Thursday, 22 October 2026

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Gasoline tax discount extension signed by Giorgetti

The decree extends the 17-cent discount on gasoline until August 26, while discussions on a European windfall tax continue.

Archive photo: Gasoline tax discount extension signed by Giorgetti
Archive photoPhoto: emarocca · Flickr · BY-SA

The Minister of Economy, Giorgetti, has signed a decree to extend the 17-cent discount on diesel excise taxes, which will now be valid until August 26. This measure comes in anticipation of a summer counter-migration of around 24 million movements.

According to reports, the provision is based on the excess VAT revenues and will see the reduction applied for an additional day. The extension has also been coordinated with Minister Pichetto.

At the same time, an initiative is taking shape at the European level to raise funds to support families and businesses, which involves the implementation of a tax on the windfall profits of oil companies. This issue is currently under discussion among various member states.