Austrian Federal Law on Energy Crisis Contribution – Electricity (EKBSG) and Austrian Federal Law on Energy Crisis Contribution – Fossil Fuels (EKBFG)

On EU level a EU regulation imposing a windfall tax on energy companies was adopted on 6 October 2022. On 18 November 2022 the government tabled a legislative motion for implementing two of the key measures – a cap on revenues for electricity producing companies and a “solidarity contribution” for surplus profits in the fossil […]