Tuesday, August 30, 2022

Revision To The Natural Gas Levy/Tax

 If you've been following German news for the past month...a lot of hype exists over some natural gas providers being in severe economic trouble.  

The national plan to rescue them?  Well....a levy or tax to be handed to the 'users' on top of the current cost.  Depending on your situation....some were destined to pay almost double what they were planning to pay.

This morning.....a change came from the upper levels of the government.  If you were a natural gas provider hoping to get 'help'....they threw a new problem to you.  They want you (the provider) to show your past bonus program for employees.  If you had a lot of bonus activity.....you probably won't collect much of anything 'extra'.

Fair? Well...I'm not going to discuss that matter.

But I would imagine after you've gone through the bonus chatter.....roughly 95-percent of the missing money is still an issue.  This may sound good for the cameras and public, but I suspect in the end....the tax or levy will still be around 90-percent of what was discussed before.  

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