Explained: What Is A Windfall Tax On Oil And Gas Companies?

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Explained: What Is A Windfall Tax On Oil And Gas Companies?
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Explained: what is a windfall tax?

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Bumper £7bn Shell profits fuel new windfall tax rowBumper £7bn Shell profits fuel new windfall tax row⛽Shell has revealed record profits of more than £7 billion in the first three months of the year
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'What else to cut back on?': Boris Johnson questioned on cost of living crisis – videoBoris Johnson said he was not prepared to levy a windfall tax on oil and gas companies when pushed on the soaring cost of living by ITV’s Good Morning Britain
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Analysis: Why the case for a windfall tax on oil company profits is growing strongerAnalysis: Why the case for a windfall tax on oil company profits is growing strongerBP and others stand to benefit from high prices, even as they face large costs from exiting Russia, writes Ben Chapman
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PM rules out windfall tax despite BP reporting pre-tax profits of £5bnPM rules out windfall tax despite BP reporting pre-tax profits of £5bnBORIS Johnson last night ruled out a windfall tax again – despite BP reporting vast pre-tax profits of £5billion yesterday. The PM insisted it would put jobs at risk and hurt investment at th…
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Windfall tax 'under review' as energy companies rake in an extra £12bnWindfall tax 'under review' as energy companies rake in an extra £12bn🔴 George Eustice, the Environment Secretary, said energy firms were paying enough tax “for now” but said the matter would be kept “under review”
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The Lex Newsletter: windfall energy profits are widespread but hard to tax\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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