Extra-Profit Tax Burden for Renewable Energy Producers

CEE Legal Matters’ article about the topic is now available…

The Hungarian government has introduced an extra tax of 65% on particular turnover of energy producers from renewable sources in May 2022, that applies to renewable energy producers that have switched to or started selling their electricity on the open market, instead of through a government-sponsored purchase scheme.

CEE Legal Matters has reached out to our energy experts, Ádám Máttyus, Partner, and Alekszej Dubalár, Senior Lawyer regarding the topic. The full article is available here.