Czech Republic slaps US$3.5B windfall tax on oil companies

almost 3 years in Kaieteur News

BLOOMBERG – The Czech Republic imposed its first windfall tax on some of the biggest businesses to help finance energy subsidies without boosting government borrowing. Lawmakers on Friday approved Finance Minister Zbynek Stanjura’s proposal to slap a 60% “tax surcharge” on the main energy companies and banks. The levy will be in place for the […]

Mentioned in this news
Share it on