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Estonia · Law · SE

759

Competition Act Amendment Act

avaldatud riigiteatajasEstonia· Riigikogu· ET

Introduced

12 December 2022

Last action

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Status

AVALDATUD_RIIGITEATAJAS

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Subjects

Discovery layer

Source updated

15 February 2023

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Summary

According to the amendments to the Competition Act that entered into force on January 1, 2022, companies operating in markets regulated by special laws must pay a supervisory fee to the Competition Authority. The supervision fee is a targeted fee and its purpose is not additional taxation. Companies whose service prices and fees are coordinated by the Competition Authority pay the supervision fee according to each network or operating area or on electricity production to the sales revenue stated in the administrative act at a rate that is 0.2 percent of the sales revenue stated in the administrative act given to the company. The basis for calculating the supervision fee is the administrative act issued as of July 15 of each calendar year according to the applicable law. With the change, instead of the current year, the status of July 15 of the previous year is taken into account, which makes the amount of the supervision fee more predictable for companies. The correction affects the adjustable sector infrastructure companies, which are nearly 200. The law is scheduled to enter into force on January 1, 2024. It is not practical for the Act to come into force within a calendar year, as the fees are calculated for each calendar year.

Machine translation from Estonian. The official text remains authoritative.

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Documents

22 official files

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