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Slovenia imposes windfall tax on energy companies

Energy companies in Slovenia will pay a special tax on windfall profits under legislation that will channel revenue towards promoting renewable energy sources and price subsidies following a law passed on Friday.

read more... 13/12/2022

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Bulgaria imposes 33 per cent windfall tax on oil, gas and coal companies

Bulgaria's parliament approved on Tuesday a temporary windfall tax of 33% on oil, gas and coal companies, implementing a European Union-wide agreement on the issue.

read more... 07/12/2022

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Italy Expects To Raise $4.2 Billion From Windfall Tax And Power Price Cap

The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity produced by coal, fuel oil, or renewable power generation, officials at the central bank, Bank of Italy, said on Monday.

read more... 07/12/2022

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Italy applies 50% windfall tax on energy companies' extra income

Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the government's 2023 budget seen by Reuters showed.

read more... 28/11/2022

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Germany plans 33% windfall tax on gas, coal and oil firms

The German government plans to introduce a special levy to skim off 33% of windfall profits made by oil, coal and gas companies, which could generate revenue of between one and three billion euros, finance ministry sources told Reuters.

read more... 24/11/2022

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