Chapter 05

ARTICLE 27 (Concession Rates)

01 The concessionaire pays every year a concession rate upon the gross revenues of the concessionaire entity, due to electric energy supply.

02 The rate, as well as the terms and applicable conditions, are set by the Council of Ministers.

 

ARTICLE 28 (Tax Regime)

The concessionaires are subject to the existing standard tax regime in force, however, the Council of Ministers may set up an applicable tax regime to the business activity of electric energy supply establishing appropriate ways of assigning through taxations that fall upon this activity and the respective duties and incentives to investments to be carried out in this area.

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