Spain Pushes EU for Windfall Tax on Oil and Gas Giants Amid Energy Crisis - Archysport
6 Articles
6 Articles
The situation in international energy markets is worsening, as oil prices have exceeded $100 a barrel.
The Government is calling for a European tax on the sector's extra profits to finance aid to households and businesses.
Spain Pushes EU for Windfall Tax on Oil and Gas Giants Amid Energy Crisis - Archysport
The Spanish government is pushing for a European Union levy on the extraordinary profits of oil and gas companies, arguing that soaring energy prices during the ongoing geopolitical and economic crisis have allowed fossil fuel corporations to benefit excessively. According to government sources speaking to reporters, Spanish officials brought their push to the informal meeting ...
First Vice President and Minister of Economy, Commerce and Enterprise, Carlos Córdoba, has asked the European Commission to analyze whether energy companies are making extraordinary profits from the war in the Middle East as a previous step to advance the tax that Spain and five other countries claim at European level and allocate their tax [...] La entrada Córdoba asks Brussels to analyze if energy has extra benefits to advance with the tax app…
The Spanish government wants to tax the profits of oil and gas companies in the European Union. It believes that in the context of the energy crisis, in which prices have skyrocketed, these companies are "benefiting too much". That is why, together with four other countries, they are taking their offensive to impose a tax on them to the Ecofin meeting this Friday. According to sources in the Spanish government confirmed to ARA, this issue will b…
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