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Belgian court rules on nuclear tax An attempt by Belgium's nuclear operators to challenge a nuclear producer tax has failed after the country's top court ruled that the levy is lawful. GDF Suez, EDF and SPE had sought to annul the annual nuclear contribution, which in 2008 amounted to €250 million. The bulk of this - €222 million - was paid by GDF Suez through its Belgian subsidiary Electrabel. The ruling will probably affect the 2009 levy, which has been set at €250 million by the Belgian government. Electrabel owns three of Belgium's nuclear reactors outright and holds stakes in the remaining four alongside either EDF or SPE. It said in January that the levy was "discriminatory" and could be contested because it "only hits the three nuclear power producers in Belgium". Source: Utility Week © Faversham House Group Ltd 2010. News articles may be copied or forwarded
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