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Denmark to cut electricity tax to ease energy burdens

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In an attempt to compensate citizens for growing energy prices, Denmark will temporarily lower electricity taxes in the fourth quarter of this year, according to a cross-party agreement posted on the Ministry of Finance’s website. 

The tax cut will reduce the electricity tax by 4 krone (US$57 cents) per kilowatt hour (kwh) in the October-December period to 72.3 krone (US$72.3). 

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