Market leading insight for tax experts
View online issue

Council agrees continuation of limited aviation EU ETS

printer Mail

The Council of the EU has agreed on the Commission’s proposal to keep the aviation EU emissions trading system (ETS) in its current limited form, applying only to flights within the EEA, for 2017 and beyond. This takes account of the International Civil Aviation Organisation agreement reached in October 2016 for a global offsetting scheme to begin in 2021. A full plenary vote on the proposal is not expected in the EU Parliament until September.

The proposal must be adopted by the end of this year in order to avoid a legal gap for compliance with the current ETS regulation in 2017. The dates for reporting and surrendering allowances from emissions in 2017 would be 1 April and 1 May 2018 respectively.


Issue: 1360
Categories: News , Indirect taxes , VAT