Hungary's parliament approves new energy tax
BUDAPEST, Nov 10 (Reuters) - Hungary's parliament on Monday approved a new 8 percent energy tax on profits which will affect energy supply and trading firms from next year, national news agency MTI said.
The new tax was passed by 193-169 votes, with 12 abstentions, in the 386-seat parliament, according to parliament's official website.
The companies affected by the extra tax will include oil group MOL MOLB.BU and subsidiaries of Germany's E.ON (EONGn.DE: Quote, Profile, Research) and RWE (RWEG.DE: Quote, Profile, Research), according to the text of the legislation published earlier this year.
The proceeds will go to low-income households as compensation payments to offset rising district heating costs. (Reporting by Krisztina Than; Editing by David Cowell)
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