​The document published by the Ministry of Finance on new taxes applicable to turnover companies, on the face of it, contains provisions that seriously jeopardize the ability of suppliers to fund capping schemes and, by extension, all chain payments for distribution, transport and production, the Federation says associations of energy companies (ACUE) in a press release. Also, energy sellers already pay monopoly tax.

According to the federation, suppliers pre-fund the schemes and then belatedly pay back the money owed by the government for price caps, leading to loans to support them. The new tax will significantly affect the available financial resources.

Distributors already pay monopoly tax

For distribution activities, the new sales tax in conditions where distributors’ income is regulated and monopoly tax is already paid, and reimbursement of additional costs recorded in the context of the energy crisis is postponed, significantly affects their ability to invest in distribution networks that are vital transformation

ACUE experts will make a detailed analysis, which we will present to the Government, regarding the direct and indirect impact on energy consumers.

Taxes will rise, as confirmed by the draft fiscal measures developed by the PSD-PNL coalition. The Ministry of Finance officially published the document with which Prime Minister Marcel Čolaku will go to the parliament to take responsibility.