Energy (Windfall Gains in the Energy Sector) (Temporary Solidarity Contribution) Bill 2023

Plain-English summary AI · claude-haiku-4-5-20251001

• Fossil fuel companies pay temporary tax on 2022-2023 profits to address high energy prices, following EU rules.
• Revenue Commissioners collect and enforce the contribution; companies must meet reporting obligations and can deduct it from corporation tax.
• Changes tax laws to calculate contribution, update appeals procedures, and implement EU Regulation 2022/1854 requirements.

Stage timeline

1. First Stage 33rd Dáil

   22 Jun 2023
2. Second Stage 33rd Dáil

   22 Jun 2023
3. Committee Stage 33rd Dáil

   5 Jul 2023
4. Report Stage 33rd Dáil

   5 Jul 2023
5. Fifth Stage 33rd Dáil

   5 Jul 2023
6. Second Stage 26th Seanad

   5 Jul 2023
7. Committee Stage 26th Seanad

   6 Jul 2023
8. Report Stage 26th Seanad

   11 Jul 2023
9. Fifth Stage 26th Seanad

   11 Jul 2023
10. Enacted

    17 Jul 2023