Windfall tax
id:
windfall-tax-187-4840338
title:
Windfall tax
text:
A windfall tax is a higher tax rate on profits that ensue from a sudden windfall gain to a particular company or industry. There have been windfall taxes in various countries across the world, including Australia, Italy, and Mongolia (2006-2009). During the 2021–2023 global energy crisis, policy specialists at the International Monetary Fund recommended that governments institute permanent windfall profits taxes targeted at economic rents in the energy sector, excluding renewable energy to preve
brand slug:
wiki
category slug:
encyclopedia
description:
Higher tax rate on firms/industries due to sudden increase in their profits
original url:
https://en.wikipedia.org/wiki/Windfall_tax
date created:
2006-02-12T17:36:25Z
date modified:
2024-09-08T12:24:11Z
main entity:
{"identifier":"Q228177","url":"https://www.wikidata.org/entity/Q228177"}
image:
fields total:
13
integrity:
15