Romania Introduces New Energy Transition Fund Contribution to Effectively Tax Energy Companies
Romania has published Emergency Ordinance no. 119 of 1 September 2022, establishing new rules to cap energy prices and effectively tax the additional income of energy (electricity) producers and energy companies in all areas of the supply chain. As previously reported, Romania introduced measures to cap energy prices and tax electricity producers from 1 November 2021 to 31 March 2023 with an 8…
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