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

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Foreigners: Top 10 events in Bratislava

Tips for the top 10 events in the capital between April 19 and April 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Easter market

Dual quality in the EU will be punished

Slovakia’s Agriculture Ministry welcomed the change, calling it a victory.

Food prices keep falling.

Blog: Bringing top business minds and students together

Martin Kardoš of CSI Leasing introduces the Mentor Network Program aimed at pairing young talents with experienced mentors from the business world.

Martin Kardoš, Managing Director CEE at CSI Leasing, at one of the Mentor Network Program events.