EU-wide energy levy passes the Council without unanimity

Danish Mehboob

September 30 2022

Power line silhouette with stormy sky and rising up arrow. Electricity price increase. Energy crisis in Europe. Growing electricity consumption for home and industry. Power generation shortage.

Energy ministers agreed on regulations including a windfall tax on fossil fuel companies to address high gas prices at an extraordinary Council meeting on September 30.

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Direct Tax Europe

Danish Mehboob

Senior Reporter ITR

Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.

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