Proposal for a directive – amending act
Article 1 – point 2 – point b a (new)
Directive 2003/87/EC
Article 3 – point j a (new)
(ba) The following subparagraph is added: ‘(ja) ‘An energy-intensive business’ shall mean a business entity where either the purchases of energy products and electricity amount to at least 3.0% of the production value or the national energy tax payable amounts to at least 0.5% of the added value. ‘Purchases of energy products and electricity’ shall mean the actual cost of energy purchased or generated within the business. Only electricity, heat and energy products that are used for heating purposes are included. ‘Production value’ shall mean turnover, including subsidies directly linked to the price of the product, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale. ‘Value added’ shall mean the total turnover liable to VAT including export sales minus the total purchases liable to VAT including imports’.