Germany's Third Relief Package to Mitigate Impact of Rising Energy Prices Includes Minimum Tax

The German Ministry of Finance has announced a third relief package to help mitigate the impact of rising energy prices, which was presented by the coalition parties on 4 September 2022 and is to be implemented quickly. The package includes short-term aid, housing benefit reforms, numerous tax measures, and structural changes to dampen energy price developments. Some of the main measures include:

• Measures to cap prices and tax excess profits of electricity producers that do not use gas as a…