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The Dutch Ministry of Finance has launched a public consultation on a draft bill for the introduction of a temporary tax on excess income of electricity producers, the Temporary Inframarginal Electricity Tax Act. The tax is in line with Council Regulation (EU) 2022/1854 and would be levied at a rate of 90% on the income of electricity producers exceeding prescribed exempt amounts per MWh. The exempt amount is generally EUR 130 per MWh, although a higher exempt amount of EUR 240 per MWh applies for electricity produced from biomass. Once approved and published, the Temporary Inframarginal Electricity Tax Act will...