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Court upholds Belgium’s tax on nuclear power stations

judge-1Utility must pay 2013 nuclear tax, Belgian court rules, World Nuclear News, 8 September 2015 Belgium’s Constitutional Court has rejected Electrabel’s appeal against the legality of the nuclear tax contribution imposed by the government for 2013. The company maintains that the level of tax does not reflect deteriorating market conditions in which it operates.

In 2008, the Belgian government announced that the country’s nuclear power plant operators would have to make a one-off payment of €250 million ($338 million). However, in 2009 it said it would postpone its planned nuclear phaseout but would charge nuclear operators an annual tax of €215 to €245 million ($245-280 million) over the period 2010-2014. In 2012, the government passed laws doubling the level of tax…..http://www.world-nuclear-news.org/C-Utility-must-pay-2013-nuclear-tax-Belgian-court-rules-1809154.html

September 19, 2015 - Posted by | EUROPE, politics

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