(Ynet News) Amir Ben-David - Gasoline prices in Israel are about $1.98 (NIS 7.10) for a liter of 95 octane fuel, among the highest in the world. One of the reasons is the high excise and VAT taxes on fuel which amount to 56%. Countries such as Germany, Finland, France, Britain and Holland pay taxes of up to 68% of the price, while the excise tax in the U.S. is 15%.
2010-12-31 08:34:26Full ArticleBACK Visit the Daily Alert Archive