State allegedly plans to tax solar industry

Finance Minister Peter Kažimír allegedly prepared the first consolidation measures this year. Part of the package should include a special tax for the producers of solar energy, the Hospodárske Noviny daily reported on July 8.

Finance Minister Peter Kažimír allegedly prepared the first consolidation measures this year. Part of the package should include a special tax for the producers of solar energy, the Hospodárske Noviny daily reported on July 8.

“This levy will not be a one-off, and it might contribute to a decrease in prices of electricity in the long run,” said Kažimír, as quoted by Hospodárske Noviny.

The minister explained that part of the new tax might go into the state budget, while the other might be used to decrease energy prices. Yet, he did not specify how much the Finance Ministry plans to collect through the tax, or the final amount that solar energy producers will have to pay, Hospodárske Noviny wrote.

The new measure might affect hundreds of companies, which object to the proposed plan. With such a measure the state might provoke solar energy producers to launch court proceedings, Veronika Galeková, head of the Slovak Association of Photovoltaic Industry, told the daily.

Source: Hospodárske Noviny

Compiled by Radka Minarechová from press reports

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