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Europe Daily Bulletin No. 10540

27 January 2012
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Reduced rate of electricity tax for north of Sweden

Brussels, 26/01/2012 (Agence Europe) - On 24 January, the Ecofin Council adopted a decision authorising Sweden to apply a reduced rate of electricity tax for households and service sector companies situated in specified municipalities in the north of the country, in order to offset heating costs which are 25% higher than in the rest of the country. This reduction, which is a derogation from the minima rate set out in Directive 2003/96/EC, is limited to SEK 96 per MW/h. Requested by Sweden in...

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