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Tag: windfall tax

Exxon Mobil’s Record Profits Spark Call for ‘Windfall’ Tax

Tristan Vanheuckelom February 2, 2023

Top executives at companies like ExxonMobil have condemned ‘windfall’ profit taxes as not only unlawful but counter-productive.

ExxonMobil Sues EU Over Windfall Tax

Tristan Vanheuckelom December 30, 2022

According to the company, the tax on ‘excess profits,’ whatever boon it might be for the EU’s coffers in the short term, is ultimately “counterproductive,” since it would scare off prospective investors.

PM Orbán to Tax Banks & Multinationals to Guarantee Hungarian Security

Robert Semonsen May 29, 2022

Prime Minister Viktor Orbán will impose a temporary windfall tax on banks and multinational corporations who have reaped extra profits from the Ukraine war.

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Issue 25, Winter 2023

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