Belgium to Work Out Details of Energy Windfall Profit Taxation

Belgium plans to extend windfall profit tax beyond existing nuclear levy paid annually by Engie’s and Electricite de France’s Belgian subsidiaries, Prime Minister Alexander De Croo tells reporters after a meeting with regional government leaders in Brussels on Wednesday.

• De Croo says Belgium seeks to include so-called excess profit of energy firms using other sources to generate electricity
• De Croo doesn’t share any details about tax plans
• De Croo also plans talks with banks about offering mortgage payment holidays to people who struggle to pay their power and gas bills, as well as availability of financing for energy-saving investments
• De ...