BERLIN, Nov 14 (Reuters) - A new German law raising taxes on natural gas and limiting industry exemptions from other energy taxes was adopted by parliament on Thursday despite opposition claims it would hurt the country's competitiveness.
The law, adopted by 303 to 274 votes, also extends the life of tax breaks encouraging use of natural gas to power vehicles until 2020. They were due to expire on December 31, 2009.
The law builds on earlier legislation by the ruling ...
Sign in to access
this Article
"German parliament backs new energy tax" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
