This Law prescribes the object of the subsidised electricity tax, taxpayers, tax rate, procedures for creating and maintaining a register of subsidised electricity producers, procedures for calculating, paying and administering the tax, as well as liability for violating this Law. Income obtained from the following shall be taxable: electricity sold within the scope of mandatory procurement; guaranteed payment received for the electric capacity installed in a cogeneration unit or power plant; and electricity sold to the public trader - licensed electricity transmission or distribution undertaking - in accordance with the conditions of Section 40 of the Energy Law that were in force in the time period from 6 October 1998 until 7 June 2005, and the relevant procedures stipulated by the Cabinet.
Lettonie · 2013-11-06