Economy

Exclusive: Emergency 33% tax on refineries to lower oil price

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The relevant document, revealed by Giorgos Avtias on the KALIMERA SKAI show, records that “countries must impose this extraordinary tax by December 31, 2022”.

In enforcement extraordinary contribution of at least 33% on the surplus profits of the oil, natural gas, coal and refinery industries, the Commission’s draft plan for dealing with the energy crisis foresees.

The relevant document, revealed by Giorgos Autias on the KALIMERA SKAI show, records, that “countries must impose this one-time tax by December 31, 2022. The basis will be pre-tax profits in fiscal year 2022, which are more than 20% higher than the three-year average, starting in 2019”. Everything shows that “the extraordinary levy on the surplus profits of the refineries will proceed in Greece according to the model of the taxation of the surplus profits of the electricity and natural gas production companies”.

Next week, interventions will be announced to reduce the price of natural gas, there will be intervention at the pump in regards to heating oil, but also an expanded heating allowance, said the prime minister. Next week, interventions will be announced to reduce the price of natural gas, there will be intervention at the pump with regard to heating oil, but also an expanded heating allowance, he said yesterday.

Mr. Mitsotakis insisted that all the interventions that have been made or are about to be made constitute a framework of protection so that households can withstand the difficult winter that is coming, as he characteristically said. As he pointed out, the government plan is established on two axes, firstly in supporting households and businesses and secondly in meeting the non-negotiable, as he characterized it, goal of fiscal adjustment: “Everything we do is measured” he pointed out. At the European level, the prime minister insisted on the adoption of his proposal to impose a ceiling on international natural gas prices and not only on Russian natural gas and noted that he regrets that Brussels and EU member states have not yet been able to reach an agreement. “The crisis burdens households and businesses and affects the weakest. I am glad that Europe is now aware of the problem and is looking for solutions,” said the President of the Republic, Katerina Sakellaropoulou, and added: “the super profits arising from electricity producers should be distributed to the weakest”.

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