Constitutional Court blocks tax on energy generators: what happened to the decree?

TL;DR

The Constitutional Court has suspended a decree that created a new tax on energy-generating companies.
The tax was set at 2.5% of pre-tax profits for companies in the energy sector.
The decree was part of an economic emergency declared by the National Government.
Industry groups and experts had raised concerns about the tax's constitutionality and potential effects on the energy system.
No payments had been made under the decree as the necessary procedures had not been completed.
The suspension pauses the tax implementation while the Court reviews its legality.

Continuar leyendo el artículo original