Report on the assessment of the occurrence of excessive property benefits

Dear Clients,

As we have informed you before, the Government, by its Decree No. 298/2022 Coll., has decided to cap energy prices, among other things, for companies that are so-called large enterprises.

Large enterprises are obliged to report to the Ministry of Industry and Trade on a quarterly basis (for the first half of the calendar year by 31 July 2023) on the assessment of the occurrence of excessive property benefits. An excess benefit is a benefit obtained by taking electricity or gas at a capped price compared to the contractually agreed price. In the event of exceeding the maximum amount of the property benefit, the entrepreneur is obliged to pay the excessive property benefit to the State budget.

The large enterprise shall report the assessment of the occurrence of the excessive property benefit electronically via the AIS portal.

However, a large enterprise which does not itself have a point of consumption, for example because of a lease, or a large enterprise which has not obtained any material benefit because it has taken electricity at a price lower than the capped price, does not have to submit a report on the assessment of the creation of an excessive material benefit.

If you are interested, we will be happy to help you with the preparation and submission of a report on the assessment of the occurrence of an excessive property benefit.

Your LTA team