Bege deemed the tax as “exaggeratedly big”, saying that before the approval of emergency decree 114, ANRE had already approved a 0.1% tax on turnover for companies to pay in 2019.
“Compared with this level, the 2% turnover tax stipulated in the emergency decree 114 is exaggeratedly big, let’s face it. We do not need this money for the normal functioning of the tax watchdog. A 0.1% tax on turnover was enough”, said Bege.
ANRE will propose amending the legislation so that the money can be used to fund energy efficiency projects.
Besides a 2% tax on turnover for energy companies, the decree also caps electricity and natural gas prices and forces state-owned energy companies to pay 35% of their reserves as dividends. The government is currently working to amend the controversial tax decree which affects the energy, banking and telecom sectors.