CLIMATE CHANGE LEVY
April 1st, 2001
KEITH NUTHALLTHE UK government has been given permission by the European Commission to go-ahead with exempting certain environment-friendly services from its general climate change levy, ruling that because they promote environmental good-practice and public transport, the concessions should not be considered as illegal state aid. Britain had asked Brussels for permission to exempt from the tax for 10 years sectors including electricity used in public transport and rail-freight, electricity generated by 'quality' combined heat and power plants and renewable ...
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