Slovenske Elektrarne, the sole operator of nuclear reactors in Slovakia, will pay a special tax. The Cabinet has approved a draft bill on a tax on excess profit from trading electricity generated at a nuclear installation. Under the legislation, the nuclear power producer will monthly pay a 50% tax on excess profit from trading electricity generated at a nuclear installation from March 2022. “The subject of the tax will be excess profit from trading electricity generated at a nuclear installation,” stated the Economy Ministry, which submitted the draft bill to the Cabinet session. The Cabinet also agreed to a proposal that the bill be discussed in a fast-track legislative procedure because it shall take effect as of March 1, 2022. The ministry admits the legislation has a negative impact on the business environment; on the other hand, it will have a positive influence on the general government budget. “I am glad that we are imposing a tax which we agreed to in the coalition. It is a new tax on excess profit. You know that people pay substantially higher energy bills, but, at the same time, we in Slovakia generate a considerable portion of electricity at more or less stable costs. People’s bills are rising and profits of concrete owners of nuclear sources are suddenly surging disproportionately. It is a fair step,” Finance Minister Igor Matovic commented.
Full story in Slovak: Vláda schválila špeciálnu daň pre Slovenské elektrárne. Prirodzený zisk si nechajte, ale o to čo je navyše sa podelíme, odkázal Sulík
