A bill on measures to suspend special tax rates on gasoline when the prices rise and establish a tax system that contributes to the realization of a decarbonized society

The "A bill on measures to suspend special tax rates on gasoline when the prices rise and establish a tax system that contributes to the realization of a decarbonized society" has been passed by the House of Representatives on "28/01/2025". The main purpose of this bill is to suspend special tax rates on gasoline during price surges, while also establishing a tax system that promotes a decarbonized society. This will likely impact the oil and gas industry, with potential compliance considerations for companies involved in the production and sale of gasoline.