Italy plans to impose next year a one-off windfall tax of 50% on the extra income energy firms have booked as a result of the rise in oil and gas prices, according to a draft budget bill Reuters saw on Monday. The windfall tax is different from what the government released as plans for a rise in the levy on extra profits just last week.
In the $36.6-billion (35 billion euros) budget law the government approved early on Tuesday last week, Italy planned to raise the tax on the extra profits of the firms selling energy to 35% from…Italy Plans 50% One-Off Windfall Tax On Energy Firms In 2023
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