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Belgium's Windfall Tax on Excess Income of Electricity Producers Energy Producers

|Approved Changes|Belgium
Belgium

Belgium has introduced a temporary windfall tax on the excess income of electricity producers that is generally in line with Regulation (EU) 2022/1854 of 6 October 2022. The tax is levied at the rate of 100% on the income of electricity producers exceeding EUR 130 per MWh, although this is increased to EUR 180 per MWh when electricity is generated from solid and gaseous biomass fuels and the in…

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