Putin signs law on windfall tax
(Reuters) – President Vladimir Putin has signed a law introducing a windfall tax on excess profits of Russian companies, which was published on a government website on Friday. The law,…
(Reuters) – President Vladimir Putin has signed a law introducing a windfall tax on excess profits of Russian companies, which was published on a government website on Friday. The law,…
By Giuseppe Fonte ROME (Reuters) – Italy has collected around 2.8 billion euros ($3.07 billion) from this year’s windfall tax on energy companies, people familiar with the matter told Reuters…
DUBLIN (Reuters) – Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much of its future age-related costs if it invests all its…
By Giuseppe Fonte ROME (Reuters) – Italy should introduce a tax on banks to claw back extra profits made on the back of rising interest rates that have not been…
By Byron Kaye and Himanshi Akhand (Reuters) – National Australia Bank Ltd, the country’s No. 2 lender, fell short of analyst forecasts in half-year profit released on Thursday and took…
BUDAPEST (Reuters) – Price caps to curb surging inflation and windfall taxes imposed by Hungary’s government have hurt sentiment among German firms in the country, a business survey showed on…
Fox News’ Biggest Rival Predicts Massive Windfall From Tucker’s Abrupt Departure Harold Hutchison on April 24, 2023 A rival cable channel predicted it would see a boost in ratings Monday…
Long Awaited US-Australia Submarine Pact Promises To Be A Windfall For American Defense Contractors: REPORT Micaela Burrow on March 9, 2023 The U.S. and Australia plan to massively invest in…
By Sethuraman N R BENGALURU (Reuters) -Reliance Industries Ltd on Friday reported a bigger-than-expected drop in quarterly profit as India’s biggest company by market valuation took a hit from the…
MADRID (Reuters) – Spain wants the EU to allow it to set prices for nuclear and hydroelectric as it seeks to decouple the cost of electricity production from gas and…
By Ritsuko Shimizu TOKYO (Reuters) – The Bank of Japan’s decision to let long-term rates rise more has not sparked a boom in revenue from lending as the central bank…
BUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and 2023, as it tries to plug holes in the state…
By Sergio Goncalves LISBON (Reuters) – Portugal’s parliament on Tuesday approved a 33% tax on the windfall profits that energy companies and food retailers may be bringing in with inflation…
By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall tax on energy companies in force for this year only,…
MADRID (Reuters) – An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backing…
PARIS (Reuters) – A planned French windfall tax on energy companies’ profits during Europe’s current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion euros ($5.20 billion)…
TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said on Monday, adding that fiscal rebalancing is still needed to…
By Timothy Gardner and Andrea Shalal WASHINGTON(Reuters) – President Joe Biden’s threat to impose a windfall profits tax on oil companies is unlikely to pass in the U.S. Congress, even…
Biden To Call For Windfall Tax On Energy Companies Days Before Midterms: REPORT Jack McEvoy on October 31, 2022 President Joe Biden will propose taxing energy companies’ profits as the…
‘Discourage Investment’: Clinton Treasury Secretary Bashes Biden’s Windfall Oil Tax Plan Jack McEvoy on November 1, 2022 Former President Bill Clinton’s Treasury Secretary Larry Summers on Tuesday criticized President Joe…
LONDON (Reuters) -BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 million in a windfall tax, a spokesperson said on…
By Mike Dolan LONDON (Reuters) – Central banks may be forced to rethink and even undermine one of their prized emergency policy tools as popular resistance mounts against giant cash…
(Reuters) – Austria is considering a windfall tax on the profits made by energy companies, Vice Chancellor Werner Kogler said on Saturday. The Green party politician said he wants to…
MADRID (Reuters) – The Spanish government will assess whether to extend a windfall tax on Spanish banks and large energy firms beyond the currently proposed two years, Budget Minister Maria…
Federal Employees Could Get A Huge Windfall From Biden’s Student Loan Bailout John Hugh DeMastri on September 15, 2022 Federal employees could receive thousands of dollars in refunds for student…