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Tax on revenue generated by renewable energy systems revoked by Bulgaria's supreme court

Bulgaria's Supreme Administrative Court (VAS) has revoked the retroactive tax on revenue generated by renewable energy systems

the tax had been introduced in December 2013 and was imposed on income from solar and wind power generation. Due to the revocation companies may not expect any reimbursement for their investments in renewable power generation. 

Source: http://www.enerdata.net/enerdatauk/press-and-publication/energy-news-001/ 1 August 2014

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