The so-called windfall tax was implemented in May 2022 in response to soaring energy prices in the wake of Russia's invasion ...

A proposal to tax the ‘windfall’ profits of producers and suppliers of renewables-generated electricity ran into stiff opposition from industry but also the government during a parliamentary debate on ...

Exxon Mobil Corp is suing the European Union on the grounds that the windfall tax on oil companies will hinder investment and end up being “counter-productive”, according to media reports.

Spanish banks including Banco Santander SA, BBVA SA and CaixaBank SA are looking to spread the annual payment of a windfall tax over four quarters rather than making a single upfront disbursement ...

MOSCOW, June 28. /TASS/. Russia’s State Duma (lower house of parliament) has passed a bill in the first reading imposing a windfall tax on large companies. The document was proposed by the ...