DEN Tax Green Initiatives Agreement


On Apr. 15, DEN Tax increased diesel tax as part of green initiatives.


  • DEN Tax issued factsheet on diesel tax increase as part of broad political agreement.
  • Agreement allocates DKK 5 billion to significant investments in green heating, afforestation, clean-up after generational pollution and clean drinking water.
  • Compensatory measures implemented for citizens and businesses, include a reduction in the equalization tax and a temporary reduction in the kilometer-based road tax.
  • Diesel tax increase estimated to cut CO2 emissions by approx. 0.4m tonnes in 2025.
  • Effectiveness
  • As part of the agreement, it has also been decided to increase the diesel tax by 50 ore per litre excluding VAT (2024 prices), with effect from Jan. 1, 2025.

Regulators DEN Tax
Entity Types CNSM; Corp
Reference PR, Info, 4/15/2024; ESG
Functions Compliance; Environment; Financial; Legal; Tax
Countries Denmark
Category
State
Products Commodities; Corporate
Regions EMEA
Rule Type Final
Rule Date 4/15/2024
Effective Date 1/1/2025
Rule Id 208635
Linked to N/A
Reg. Last Update 4/15/2024
Report Section EU

Last substantive update on 04/18/2024