The so-called windfall tax was implemented in May 2022 in response to soaring energy prices in the wake of Russia's invasion of Ukraine. Initially introduced as a temporary tax on the profits of ...

The House passed a major tax plan backed by President Trump. Here’s what it could mean for your refund, your benefits, and ...

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 ...

Ithaca’s first quarter net loss, compared to a $42.7 million profit in the prior-year-period, was due to a one-off non-cash ...

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

In May 2022, weeks after the Russian invasion of Ukraine pushed Brent crude to $139 a barrel, the government, then controlled by the Conservative party, slapped a windfall tax on producers.

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 ...

First Minister John Swinney has clashed with the Conservatives over the windfall tax on oil and gas, after the UK’s largest producer announced 250 job losses. Harbour Energy, based primarily in ...

Making the UK’s windfall tax on oil and gas companies permanent could generate enough revenue to fund a full transition for North Sea workers into green jobs, a new report has found. The ...

The U.K. government plans to extend its windfall tax on oil and gas companies to fund the retraining of fossil fuel workers for green energy roles. A partnership with Norway aims to boost ...