A tax on nuclear power in combination with falling electricity prices have put the Swedish nuclear power industry in a “critical position,” according to state-owned power company Vattenfall. The warning by Vattenfall’s President and Chief Executive Officer, Magnus Hall, follows the announcement that the company made a record net loss of SEK19.8bn (USD2.3bn) in 2015, which the company has blamed on regulatory changes and the nuclear tax.
Tax News 11th Feb 2016 read more »