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Global Trade Alert

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Germany: Budget decrease of tax relief scheme for businesses using energy for own consumption

Description

On 1 July 2024, the German government notified to the European Commission an amended budget for the tax relief scheme for businesses that produce and use energy products for their own consumption in b...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2024

Revocation date

30 Jun 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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