Brussels is ruling out for now a European tax on the extra profits of energy companies
World2 sources2 countries🔦 Under-reported22m ago
The European Commission has decided against proposing a European-level windfall tax on the extraordinary profits of energy companies for the time being. Instead, Brussels has deferred this decision to individual member states.
The move follows discussions involving Spain and several other countries regarding the taxation of energy sector revenues amid high market prices.
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