Windfall tax – a way to tax excess profits earned in connection with the energy crisis
The European Commission is working on a windfall tax to be imposed on excess profits. Recently, our national version of this tax has been presented by the Ministry of State Assets. The aim of the planned levy would be to combat the ongoing economic crisis, in particular the energy crisis. Money obtained from the windfall profit tax would be re-directed to local governments, sensitive institutions such as preschools, schools and possibly also to micro-, small and medium-size enterprises.
