UK Slaps 25% Windfall Tax on Profits of Oil and Gas Firms
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Boris Johnson’s government will impose a windfalltax on the profits of oil and gas...
UK Tax Grab on Power Profits Likely to Struggle With Complexity
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- The UK left the door open to extending a windfalltax on power generators, but it’s an...
Rishi Sunak offers tax incentives to fossil fuel firms despite climate emergency
The Independent via Yahoo News· 11 hours agoAnalysts and oil executives suggested the measure wouldn’t fundamentally change energy companies’...
Big Oil Has a New Unknown: Taxes
The Wall Street Journal· 6 hours agotax is a multiyear program. The government said it would phase out the tax “if oil and gas prices return to historically more normal levels,” though it...
Windfall taxes are popular. But they come with risks | CNN Business
CNN.com· 6 hours agoThere’s little political risk in taxing hugely profitable oil companies to help consumers pay their...
Voices: Don’t be fooled: Rishi Sunak’s windfall tax will help oil and gas companies
The Independent via Yahoo News· 1 day agoSo the Tory version of a windfall tax is taking from the fossil fuel corporations with one hand but...
Wall Street Breakfast: Windfall Tax
Seeking Alpha· 7 hours agoMinister Boris Johnson’s Conservative government became the first to put into action an argument that the energy industry has profited too much from a surge in commodity prices ...
Oil Giants to Be Hit by Windfall Tax in U.K.
The Wall Street Journal· 1 day agoThe U.K. said it would impose a temporary levy on oil and gas producers to help soften the pain of soaring energy prices on consumers, a rare so-called...
Retirement Savings Tax Breaks Leave Middle Class Households Behind
Hawaii News Now· 1 day agoA new report finds that the tax breaks designed to increase Americans' retirement savings disproportionately benefit high income households and do little to assist middle ...
Cost of living: What new support has Rishi Sunak announced and what does it mean for your finances?
The Independent via Yahoo News· 11 hours agoHe said the new tax, known as the "energy profits levy", was a "pragmatic" and "sensible middle...