The European Commission (the Commission) has proposed the introduction of two tax-related emergency measures as part of a package to mitigate high energy prices.European Union (EU) Member States are expected to decide on the proposed Regulation by the end of September. If adopted as proposed, the Regulation will be directly and immediately applicable in the EU Member States for a period of one year from its entry into force.Businesses in the energy sector should watch developments closely and consider the tax implications of the EU’s energy package and the interaction with their current structure.Executive summaryOn 14 September 2022, the Commission...