EU ENERGY TAXATION
January 1st, 2004
BY KEITH NUTHALLA SERIES of exemptions from the European Union's (EU) new directive imposing minimum rates of energy taxation on coal have been proposed by the European Commission for seven of the 10 eastern and southern European countries joining the EU in May. They would be added to the already long list of exemptions negotiated by existing Member States to the new general rule that coal and coke has to attract indirect taxes (excluding VAT) of at least Euro 0.15 per gigajoule for business uses and Euro 0.3 per gigajoule for non-business uses. If ministers ...
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