- In an aggressive move even as far as windfall profit taxes go, The Czech Finance Ministry proposed on Thursday a whopping 60% tax on excess profits in its energy sector, media reported.
- In September, the European Commission proposed an EU-wide windfall tax of 33% of profits that exceed 20% above a three-year average for all fossil fuel companies.
- Argentina proposed a 15% tax on companies with profits of over 1 billion pesos (about $8.3 million) in 2022 whose profit margin is either more than 10% in real terms or is 20% higher than in 2021.
Czechs Propose 60% Tax On Excess Energy Profits
